Fsga Foundation Inc

Analysis

Fsga Foundation Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fsga Foundation Inc reported income of $5.9m and spending of $442k, leaving 92% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $20.6m to $5.9m (-72%), an average of -47% a year. The sharpest change came in the year to December 2022, when income dropped by 85%. Over the whole period it spent 3.4% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fsga Foundation Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Babe Ruth League Inc ($5.9m), Friends of Great Smoky Mountain National Park Inc ($5.9m) and USA Taekwondo Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $29.1m against liabilities of $0, net assets of $29.1m.