Free Fall Action Sports Inc

Analysis

Free Fall Action Sports Inc is a registered charity in United States, based in Quakertown, PA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Free Fall Action Sports Inc reported income of $251k and spending of $247k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $248k to $251k (+1.2%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 71% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Free Fall Action Sports Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include University of Florida ($251k), A Better Chance of Westport Inc ($251k) and National Little Britches Rodeo Association of Michigan ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $16k (6.5% of expenses). Other salaries and wages came to $129k. At year end it held assets of $357k against liabilities of $0, net assets of $357k. It reported 16 employees.