Court Sports for Life Foundation

Analysis

Court Sports for Life Foundation is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Court Sports for Life Foundation reported income of $2.1m and spending of $1.3m, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $3.8m to $2.1m (-45%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 32% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Court Sports for Life Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Be the Difference Nil Inc ($2.1m), Southern Eye-Bank ($2.1m) and Wtvi Foundation Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 54% of the total. Other salaries and wages came to $706k. At year end it held assets of $9.1m against liabilities of $1.9m, net assets of $7.1m. It reported 45 employees.