Port Washington Youth Activities Inc

Analysis

Port Washington Youth Activities Inc is a registered charity in United States, based in PRT Washingtn, NY. It received its IRS tax-exemption ruling in June 1965, 61 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, Port Washington Youth Activities Inc reported income of $1.6m and spending of $1.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Port Washington Youth Activities Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include League 42 Foundation ($1.6m), Ohio Equine and Agricultural Association Inc ($1.6m) and Jersey Wahoos Swim Club Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $50k (3.4% of expenses). Other salaries and wages came to $83k. At year end it held assets of $2.3m against liabilities of $9,198, net assets of $2.3m. It reported 13 employees.