Chantilly Youth Association Inc

Analysis

Chantilly Youth Association Inc is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in April 1972, 54 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 September 2023, Chantilly Youth Association Inc reported income of $4.3m and spending of $2.8m, leaving 34% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.6m to $4.3m (+20%), an average of +4.8% a year. The sharpest change came in the year to September 2023, when income rose by 36%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chantilly Youth Association Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include South Carolina Charities Inc ($4.3m), Bike New York Inc ($4.3m) and Cincinnati United Soccer Club ($4.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.4% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $124k (4.4% of expenses). Other salaries and wages came to $646k. At year end it held assets of $8.3m against liabilities of $4.6m, net assets of $3.8m. It reported 49 employees.