5030 Sports

Analysis

5030 Sports is a registered charity in United States, based in Berthoud, CO. It received its IRS tax-exemption ruling in September 2002, 24 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, 5030 Sports reported income of $51k and spending of $49k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $51k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 5030 Sports sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within CO. Charities of a similar size with the same main cause include Virginia Lady Hornets Inc ($51k), Hawthorne Soccer Association ($51k) and North Carolina Trailblazers Womens Hockey Association Inc ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.