Flower Mound Youth Sports Association Inc

Analysis

Flower Mound Youth Sports Association Inc is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in May 1997, 29 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, Flower Mound Youth Sports Association Inc reported income of $623k and spending of $660k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $785k to $623k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flower Mound Youth Sports Association 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 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Holmdel Youth Soccer Associates Inc ($623k), Southeast Soccer Club Corp ($624k) and Magic Basketball Club Inc ($623k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 97% of the total. Other salaries and wages came to $223k. At year end it held assets of $103k against liabilities of $44k, net assets of $59k. It reported 43 employees.