Koa Sports League Inc

Analysis

Koa Sports League Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in September 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 December 2023, Koa Sports League Inc reported income of $2.0m and spending of $2.4m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.0m (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 31%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Koa Sports League Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Newark Soccer Club Inc ($2.0m), Sheboygan County Fair Association ($2.0m) and Lincoln County Fair Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $316k (13% of expenses). Other salaries and wages came to $833k. At year end it held assets of $1.2m against liabilities of $1.7m, net assets of -$424k. It reported 190 employees.