Fore Stark County Youth Development Inc

Analysis

Fore Stark County Youth Development Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in July 2000, 26 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, Fore Stark County Youth Development Inc reported income of $308k and spending of $384k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $427k to $308k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2020, when income dropped by 32%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fore Stark County Youth Development Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Alger Parks and Recreation Department Inc ($308k), Palm Desert Swim Club ($308k) and Southern Tier Hockey Association Ltd ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $75k (19% of expenses). Other salaries and wages came to $145k. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.