Ignite Adaptive Sports

Analysis

Ignite Adaptive Sports is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Ignite Adaptive Sports reported income of $875k and spending of $546k, leaving 38% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $437k to $875k (+100%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ignite Adaptive Sports sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Bring Magic to Kids in Hospitals ($875k), Kids-R-It Incorporated ($875k) and 16th Century Inc ($875k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $68k (12% of expenses). Other salaries and wages came to $60k. It paid $6,750 in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $4,143, net assets of $1.4m. It reported 2 employees.