Youth Sports Inc

Analysis

Youth Sports Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in May 2003, 23 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 December 2023, Youth Sports Inc reported income of $58k and spending of $70k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $58k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Youth Sports Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Team Inc ($58k), Fairbanks Youth Football and Cheerleading ($58k) and Tullahoma Swim Club ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.5% and program service revenue 90% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.