Kevin Brown Memorial Tournament of Champions Inc

Analysis

Kevin Brown Memorial Tournament of Champions Inc is a registered charity in United States, based in Washington, IL. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Kevin Brown Memorial Tournament of Champions Inc reported income of $243k and spending of $189k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $176k to $243k (+38%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kevin Brown Memorial Tournament of Champions Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IL. Charities of a similar size with the same main cause include Fairfield Police Athletic League Inc ($243k), Pelham Together Inc ($243k) and Kids in New Directions Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 38% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.