Valley of the Sun Bowl Foundation

Analysis

Valley of the Sun Bowl Foundation is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in June 2000, 26 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 March 2023, Valley of the Sun Bowl Foundation reported income of $5.1m and spending of $4.5m, spending 90% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $4.3m to $5.1m (+18%), an average of +5.5% a year. The sharpest change came in the year to March 2022, when income rose by 12291%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Valley of the Sun Bowl Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Ussa Investment Fund ($5.1m), Champlain Valley Exposition Inc ($5.1m) and Scott Appalachian Industries ($5.0m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $143k (3.1% of expenses). Other salaries and wages came to $455k. At year end it held assets of $88k against liabilities of $16.0m, net assets of -$15.9m.