Team Loaded Foundation

Analysis

Team Loaded Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in April 2022, 4 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 June 2024, Team Loaded Foundation reported income of $148k and spending of $143k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $122k to $148k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Team Loaded Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within VA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($148k), Mojo Choir ($148k) and Tiny Tots Pre-School Inc ($148k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,933 against liabilities of $0, net assets of $7,933.