Sport X Change International

Analysis

Sport X Change International is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in August 1962, 64 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sport X Change International reported income of $620k and spending of $695k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $532k to $620k (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sport X Change International sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Once Upon a Room Inc ($620k), Sons ($620k) and Dragons Den ($619k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $57k (8.1% of expenses). At year end it held assets of $188k against liabilities of $48k, net assets of $140k. It reported 6 employees.