Sherman Youth Sports Association

Analysis

Sherman Youth Sports Association is a registered charity in United States, based in Sherman, TX. It received its IRS tax-exemption ruling in July 2014, 12 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, Sherman Youth Sports Association reported income of $218k and spending of $265k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $218k (+8.8%), an average of +8.8% a year. Over the whole period it spent 115% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sherman Youth Sports Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Neny Pga Section Foundation Inc ($218k), Ore to Shore ($218k) and Girls in Gear ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.