Bysa Inc

Analysis

Bysa Inc is a registered charity in United States, based in Bayonne, NJ. It received its IRS tax-exemption ruling in January 1987, 39 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 June 2024, Bysa Inc reported income of $275k and spending of $289k, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $237k to $275k (+16%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bysa Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Greater Nashville Area Scholastic Hockey ($275k), Pittsgrove Soccer Club Inc ($275k) and Southside Water Polo Club ($275k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.