Loveland Youth Diamond Sports Inc

Analysis

Loveland Youth Diamond Sports Inc is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in February 2008, 18 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 December 2022, Loveland Youth Diamond Sports Inc reported income of $84k and spending of $130k, spending 154% of what it took in. Across the 2 years on record, from December 2020 to December 2022, income grew from $59k to $84k (+43%), an average of +43% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 136% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Loveland Youth Diamond Sports Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within OH. Charities of a similar size with the same main cause include Fast Break Basketball Association Inc ($84k), Belmont Youth Softball Association ($84k) and Still Meadows Enrichment Center and Camp ($84k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.