Sit and Be Fit

Analysis

Sit and Be Fit is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Sit and Be Fit reported income of $133k and spending of $297k, spending 223% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $671k to $133k (-80%), an average of -55% a year. The sharpest change came in the year to December 2022, when income dropped by 74%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sit and Be Fit sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Victory Gym and Veterans Health Club ($133k), Fight 4 Diabetes Cure Inc ($133k) and Health Opportunity Purpose and Empowerment a Nonprofit Corporatio ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 29% of the total. At year end it held assets of $152k against liabilities of $31k, net assets of $121k.