Progression Sports Performance Inc

Analysis

Progression Sports Performance Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Progression Sports Performance Inc reported income of $246k and spending of $196k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $246k (+132%), an average of +132% a year. The sharpest change came in the year to December 2023, when income rose by 132%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Progression Sports Performance Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Netball America ($246k), Harris Park Midtown Sports & Activities Center ($246k) and Madison County Childrens Camp Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $115k against liabilities of $13k, net assets of $102k.