Athletico Cares Foundation Inc

Analysis

Athletico Cares Foundation Inc is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Athletico Cares Foundation Inc reported income of $64k and spending of $64k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $641k to $64k (-90%), an average of -90% a year. The sharpest change came in the year to December 2023, when income dropped by 90%. Over the whole period it spent 9.9% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Athletico Cares Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Glorys Hope Sickle Cell Foundation ($64k), Georgia Plastic Foundation ($64k) and Rocking the Road for a Cure Inc ($64k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $635k against liabilities of $0, net assets of $635k.