Youth Karate-Ka Association

Analysis

Youth Karate-Ka Association is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in November 2020, 6 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, Youth Karate-Ka Association reported income of $59k and spending of $53k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $6,520 to $59k (+808%), an average of +201% a year. The sharpest change came in the year to December 2022, when income rose by 1347%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Youth Karate-Ka Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include New London Girls Youth Softball Association ($59k), Darke County Soccer Association Inc ($59k) and Summerwood Stingrays ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 38% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.