Greater Akron Fore Youth Devlpt Inc

Analysis

Greater Akron Fore Youth Devlpt Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in October 1999, 27 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 December 2023, Greater Akron Fore Youth Devlpt Inc reported income of $855k and spending of $881k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $829k to $855k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Greater Akron Fore Youth Devlpt Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Gainesville Soccer Alliance Inc ($854k), Three Village Swim Club Inc ($855k) and Champions for Life Inc ($854k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $94k (11% of expenses). Other salaries and wages came to $447k. It paid $21k in professional fundraising fees. At year end it held assets of $574k against liabilities of $0, net assets of $574k. It reported 40 employees.