Gridiron Imports Foundation

Analysis

Gridiron Imports Foundation is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in January 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 (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, Gridiron Imports Foundation reported income of $166k and spending of $181k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $36k to $166k (+354%), an average of +46% a year. The sharpest change came in the year to December 2020, when income rose by 238%. Over the whole period it spent 114% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gridiron Imports Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Hermosa Beach Youth Basketball League ($166k), Lincoln Sox Incorporated ($166k) and Swim Strong Foundation Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $83k (46% of expenses). At year end it held assets of $269 against liabilities of $84k, net assets of -$83k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.