Foundation for Interscholastic Youth Athletics

Analysis

Foundation for Interscholastic Youth Athletics is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Foundation for Interscholastic Youth Athletics reported income of $414k and spending of $393k, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $267k to $414k (+55%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 201%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Foundation for Interscholastic Youth Athletics sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Chino Hills Aquatics ($414k), Houma Terrebonne Soccer Association ($414k) and Balloons Over Vermilion NFP ($414k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $92k (23% of expenses). Other salaries and wages came to $41k. At year end it held assets of $552k against liabilities of $491k, net assets of $62k. It reported 4 employees.