Lynnfield Youth Sports Program Inc

Analysis

Lynnfield Youth Sports Program Inc is a registered charity in United States, based in Lynnfield, MA. It received its IRS tax-exemption ruling in June 2006, 20 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 June 2024, Lynnfield Youth Sports Program Inc reported income of $176k and spending of $138k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $143k to $176k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lynnfield Youth Sports Program Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Vetsports ($176k), Njcaa Region IV NFP ($176k) and Cardinal Soccer Club ($176k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.