Give Back Ultimate Inc

Analysis

Give Back Ultimate Inc is a registered charity in United States, based in Florence, MA. It received its IRS tax-exemption ruling in June 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, Give Back Ultimate Inc reported income of $102k and spending of $104k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $16k to $102k (+547%), an average of +154% a year. The sharpest change came in the year to December 2022, when income rose by 326%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Give Back Ultimate Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within MA. Charities of a similar size with the same main cause include People for Parks Inc ($102k), Harper Community Park Association Inc ($102k) and Mid-Hudson Road Runners Club Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 88% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.