Young Martial Artist Foundation

Analysis

Young Martial Artist Foundation is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Young Martial Artist Foundation reported income of $51k and spending of $35k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $17k to $51k (+192%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 469%. Over the whole period it spent 52% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Young Martial Artist Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Velo Amis ($51k), Knothole Baseball Inc ($51k) and East Hartford Hornets Youth Football and Cheerleading Orgraniz ($51k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.