Team First Foundation

Analysis

Team First Foundation is a registered charity in United States, based in Cincinnati, OH. 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, Team First Foundation reported income of $4.2m and spending of $3.5m, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.4m to $4.2m (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team First Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include South Texas Youth Soccer Association ($4.2m), Neighborhood Club ($4.3m) and Share Winter Foundation ($4.2m).

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 $2.1m against liabilities of $98k, net assets of $2.0m.