Actsports Inc

Analysis

Actsports Inc is a registered charity in United States, based in Staunton, VA. It received its IRS tax-exemption ruling in February 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Actsports Inc reported income of $136k and spending of $133k, spending 97% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $41k to $136k (+235%), an average of +50% a year. The sharpest change came in the year to December 2019, when income rose by 323%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Actsports Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Kenmore Rowing Club ($136k), Ian Walsh Menehune Mayhem Foundation ($136k) and Friends of Uc Irvine Rowing ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.