The United States Practical Shooting Association/Ipsc

Analysis

The United States Practical Shooting Association/Ipsc is a registered charity in United States, based in Sedrowoolley, WA. It received its IRS tax-exemption ruling in August 1987, 39 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 December 2023, The United States Practical Shooting Association/Ipsc reported income of $3.0m and spending of $3.4m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.0m (+9.5%), an average of +2.3% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The United States Practical Shooting Association/Ipsc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Camp Sloane Incorporated ($3.0m), Rebel Soccer League ($3.0m) and Skyliners Synchronizer Skating Team Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $224k (6.6% of expenses). Other salaries and wages came to $865k. At year end it held assets of $3.7m against liabilities of $2.6m, net assets of $1.1m. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.