Drive Strong Inc

Analysis

Drive Strong Inc is a registered charity in United States, based in Dawsonville, GA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Drive Strong Inc reported income of $223k and spending of $293k, spending 131% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $202k to $223k (+11%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Drive Strong Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Lil Titans Daycare Corp ($223k), Wattsnatural Tutoring ($224k) and Oak Park High School Athletic Booster Club ($223k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. At year end it held assets of $248k against liabilities of $107k, net assets of $141k.