Interlakes Youth Softball Association Inc

Analysis

Interlakes Youth Softball Association Inc is a registered charity in United States, based in Madison, SD. It received its IRS tax-exemption ruling in February 2013, 13 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 2023, Interlakes Youth Softball Association Inc reported income of $83k and spending of $74k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $83k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Interlakes Youth Softball Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 27th percentile within SD. Charities of a similar size with the same main cause include Crystal Lake Wizards Youth Wrestling Club ($83k), Sheffield-Sheffield Lake Youth Baseball Association ($83k) and Underground Bowling Association Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 87% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.