N Y a C Athletes Fund Inc

Analysis

N Y a C Athletes Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1989, 37 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 August 2023, N Y a C Athletes Fund Inc reported income of $184k and spending of $175k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $347k to $184k (-47%), an average of -15% a year. The sharpest change came in the year to August 2022, when income rose by 144%. Over the whole period it spent 60% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, N Y a C Athletes Fund Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Mesa Soccer Association Inc ($184k), Niskayuna Baseball Ltd ($184k) and Springfield Soccer Club ($184k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $2.8m against liabilities of $244k, net assets of $2.6m.