Long Island Youth Sports Inc

Analysis

Long Island Youth Sports Inc is a registered charity in United States, based in Plainview, NY. It received its IRS tax-exemption ruling in May 2007, 19 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 July 2023, Long Island Youth Sports Inc reported income of $345k and spending of $344k, spending 100% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $205k to $345k (+68%), an average of +19% a year. The sharpest change came in the year to July 2022, when income rose by 38%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Long Island Youth Sports Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Mountain Football Conference ($345k), Kennebec Valley Tennis Association ($346k) and Virginia Sports Hall of Fame Foundation Inc ($345k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $125k (36% of expenses). Other salaries and wages came to $4,298. At year end it held assets of $167k against liabilities of $107k, net assets of $60k. It reported 6 employees.