Haslet Sports Association Inc

Analysis

Haslet Sports Association Inc is a registered charity in United States, based in Haslet, TX. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2022, Haslet Sports Association Inc reported income of $102k and spending of $82k, spending 80% of its income. Across the 2 years on record, from August 2019 to August 2022, income fell from $213k to $102k (-52%), an average of -52% a year. The sharpest change came in the year to August 2022, when income dropped by 52%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Haslet Sports Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Bay State Speedskating Club Inc ($102k), Phoenix Vusion Group ($102k) and Tulsa Youth Rowing Association ($102k).

On its Form 990-EZ for the period ending August 2022, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.