Firstcoachin

Analysis

Firstcoachin is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in June 2020, 6 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 June 2023, Firstcoachin reported income of $165k and spending of $168k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $129k to $165k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Firstcoachin sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include National Organization for Human Service Education ($165k), Northern Highlands Junior Football and Cheerleading Association Inc ($165k) and Outdoor Experience Inc ($165k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.