Somers Youth Sports Organization Inc

Analysis

Somers Youth Sports Organization Inc is a registered charity in United States, based in Somers, NY. It received its IRS tax-exemption ruling in January 2014, 12 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, Somers Youth Sports Organization Inc reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $983k to $1.2m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Somers Youth Sports Organization Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Teensharp ($1.2m), Girls Inc of Washington County ($1.2m) and Montclair Soccer Club ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $551k against liabilities of $220k, net assets of $331k.