Scyr Inc

Analysis

Scyr Inc is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in March 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 June 2023, Scyr Inc reported income of $296k and spending of $336k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $285k to $296k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Scyr Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include West Pasco Girls Fast Pitch Softball Association Inc ($296k), Perdido Bay Futbol Club ($296k) and Northwest Girls Softball-Fastpitch ($296k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $70k (21% of expenses). Other salaries and wages came to $54k. At year end it held assets of $249k against liabilities of $3,011, net assets of $246k. It reported 5 employees.