Damascus Sports Association Inc

Analysis

Damascus Sports Association Inc is a registered charity in United States, based in Damascus, MD. It received its IRS tax-exemption ruling in August 1983, 43 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 2023, Damascus Sports Association Inc reported income of $524k and spending of $515k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $475k to $524k (+10%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Damascus Sports Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Footbal Club of Evansville Inc ($524k), Club Sports of North Texas Inc ($524k) and National Collegiate Equestrian Association ($524k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 81% of the total. At year end it held assets of $249k against liabilities of $5,043, net assets of $243k.