Superb Athletics Foundation

Analysis

Superb Athletics Foundation is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in March 2019, 7 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, Superb Athletics Foundation reported income of $226k and spending of $222k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $226k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Superb Athletics Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NC. Charities of a similar size with the same main cause include Ncrink Inc ($226k), Hamilton Southeastern Youth Football Inc ($226k) and Oakcreek Youth Football Association ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.