Tga USA

Analysis

Tga USA is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 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 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 July 2024, Tga USA reported income of $7.1m and spending of $6.2m, spending 87% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $2.3m to $7.1m (+215%), an average of +47% a year. The sharpest change came in the year to July 2022, when income rose by 64%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tga USA sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Metropolitan Richmond Sports Backers Inc ($7.1m), USA Pickleball Association ($7.1m) and Maryland State Fair and Agricultural Society Inc ($7.0m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $84k (1.3% of expenses). Other salaries and wages came to $297k. At year end it held assets of $2.9m against liabilities of $1.6m, net assets of $1.3m. It reported 6 employees.