Caris Sports Foundation Inc

Analysis

Caris Sports Foundation Inc is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in September 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 (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, Caris Sports Foundation Inc reported income of $114k and spending of $135k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $114k (-1.8%), an average of -1.8% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Caris Sports Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within AZ. Charities of a similar size with the same main cause include Brakettes Inc ($114k), Northboro Youth Soccer Association Inc ($114k) and Windham Youth Soccer Association ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $21k against liabilities of $277, net assets of $21k.