North Reading Youth Softball

Analysis

North Reading Youth Softball is a registered charity in United States, based in North Reading, MA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Reading Youth Softball reported income of $61k and spending of $65k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $61k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Reading Youth Softball sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Lcyc Community Sailing and Education Foundation Inc ($61k), Black Creek Sportsmans Club Inc ($61k) and Manheim Summer Swim Team ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.