Prior Lake Athletics for Youth

Analysis

Prior Lake Athletics for Youth is a registered charity in United States, based in Prior Lake, MN. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Prior Lake Athletics for Youth reported income of $1.9m and spending of $1.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 107%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Prior Lake Athletics for Youth sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Camp Canaan ($1.9m), Boys and Girls Clubs of Central Carolina Inc ($1.9m) and Hershey Soccer Club ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Other salaries and wages came to $95k. At year end it held assets of $867k against liabilities of $311k, net assets of $556k. It reported 2 employees.