Diamond Youth Organization

Analysis

Diamond Youth Organization is a registered charity in United States, based in Broken Bow, NE. It received its IRS tax-exemption ruling in October 2023, 3 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, Diamond Youth Organization reported income of $92k and spending of $99k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $80k to $92k (+16%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Diamond Youth Organization sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NE. Charities of a similar size with the same main cause include Zionsville Hockey Club ($92k), Adirondack Aquatic Center Inc ($92k) and Dublin High School Quarterback Club ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. At year end it held assets of $9,967 against liabilities of $0, net assets of $9,967.