Algonquin Area Youth Organization Inc

Analysis

Algonquin Area Youth Organization Inc is a registered charity in United States, based in Algonquin, IL. It received its IRS tax-exemption ruling in July 1974, 52 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Algonquin Area Youth Organization Inc reported income of $134k and spending of $127k, spending 95% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $131k to $134k (+2.3%), an average of +2.3% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Algonquin Area Youth Organization Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Special Compass Inc ($134k), Saratoga Miss Softball ($134k) and Gca Athletics ($134k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. At year end it held assets of $115k against liabilities of $29k, net assets of $85k.