4g44 Esports Inc

Analysis

4g44 Esports Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 4g44 Esports Inc reported income of $1.2m and spending of $1.6m, spending 134% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $774k to $1.2m (+59%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 4g44 Esports Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Champaign Parks Foundation ($1.2m), Black Mountain of Maine ($1.2m) and Ice Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $188k against liabilities of $159k, net assets of $29k. It reported 6 employees.