Sacramento Asian Sports Foundation

Analysis

Sacramento Asian Sports Foundation is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in April 1995, 31 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, Sacramento Asian Sports Foundation reported income of $234k and spending of $336k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $270k to $234k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 1218%. Over the whole period it spent 190% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sacramento Asian Sports Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Humble Girls Softball League ($234k), South Kitsap Soccer Club ($234k) and The Dragon Foundation Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 54% of the total. Other salaries and wages came to $131k. At year end it held assets of $3.4m against liabilities of $48k, net assets of $3.4m. It reported 17 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.