Minnesota Youth Athletic Services Inc

Analysis

Minnesota Youth Athletic Services Inc is a registered charity in United States, based in Spring LK PK, MN. It received its IRS tax-exemption ruling in July 1996, 30 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 September 2023, Minnesota Youth Athletic Services Inc reported income of $4.7m and spending of $4.4m, spending 94% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $2.8m to $4.7m (+69%), an average of +19% a year. The sharpest change came in the year to September 2021, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Minnesota Youth Athletic Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Washington Square Park Conservancy Inc ($4.7m), Carolina Elite Soccer Academy ($4.7m) and Philadelphia Youth Basketball Inc ($4.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.7% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $209k (4.7% of expenses). At year end it held assets of $3.9m against liabilities of $378k, net assets of $3.5m. It reported 92 employees.