South Elgin Youth Football Inc

Analysis

South Elgin Youth Football Inc is a registered charity in United States, based in South Elgin, IL. It received its IRS tax-exemption ruling in December 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 (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, South Elgin Youth Football Inc reported income of $55k and spending of $60k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $26k to $55k (+110%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Elgin Youth Football Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Ohs Cheer Boosters ($55k), Capistrano Baseball Organization Inc ($55k) and Clear Creek Farm ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.

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.