Youngstown Junior Sailing Foundation Inc

Analysis

Youngstown Junior Sailing Foundation Inc is a registered charity in United States, based in Youngstown, NY. It received its IRS tax-exemption ruling in February 2010, 16 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 September 2023, Youngstown Junior Sailing Foundation Inc reported income of $239k and spending of $170k, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $48k to $239k (+394%), an average of +49% a year. The sharpest change came in the year to September 2020, when income rose by 388%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Youngstown Junior Sailing Foundation Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Friends of Kenilworth Aquaticgardens ($239k), Carlsbad Softball Association ($239k) and Mutchler Community Center ($239k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 56% of the total. Other salaries and wages came to $72k. At year end it held assets of $262k against liabilities of $916, net assets of $261k. It reported 11 employees.