Youth Spirit Squads Inc

Analysis

Youth Spirit Squads Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in September 2012, 14 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 2022, Youth Spirit Squads Inc reported income of $788k and spending of $823k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.0m to $788k (-24%), an average of -8.7% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Youth Spirit Squads Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within NM. Charities of a similar size with the same main cause include Shooters Soccer Club ($788k), Marias Valley Golf and Country Club ($789k) and Select Fastpitch ($787k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $198k. At year end it held assets of $450k against liabilities of $719k, net assets of -$268k. It reported 19 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.