Sbyfa Inc

Analysis

Sbyfa Inc is a registered charity in United States, based in Spring Branch, TX. It received its IRS tax-exemption ruling in July 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, Sbyfa Inc reported income of $143k and spending of $169k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $143k (-13%), an average of -13% a year. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sbyfa Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Viking Swim Club Inc ($143k), Fairview Park Athletic Club Inc ($143k) and Fever Aau Inc ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 38% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.