Top Tier South Inc

Analysis

Top Tier South Inc is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in March 2022, 4 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 (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, Top Tier South Inc reported income of $301k and spending of $285k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $526k to $301k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 60% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Top Tier South Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Mid Valley Soccer Club ($301k), Loveland Swim Club Inc ($301k) and Midwest Regional Turf Foundation Department of Agronomy ($301k).

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 $363k against liabilities of $294k, net assets of $69k.