Synergy Sportz Parent Association Inc

Analysis

Synergy Sportz Parent Association Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in February 2004, 22 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 July 2024, Synergy Sportz Parent Association Inc reported income of $80k and spending of $59k, leaving 27% of income unspent that year. The sharpest change came in the year to July 2023, when income rose by 195%. Over the whole period it spent 116% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Synergy Sportz Parent Association Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within MD. Charities of a similar size with the same main cause include Pardeeville Boys Club Inc ($80k), Windansea Surf Club ($80k) and Knob Noster Youth Sports Association ($80k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 85% and program service revenue 6.1% of the total. At year end it held assets of $24k against liabilities of $1,139, net assets of $23k.