Capitol Riverside Youth Sports Park

Analysis

Capitol Riverside Youth Sports Park is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 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 (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, Capitol Riverside Youth Sports Park reported income of $1.0m and spending of $894k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $627k to $1.0m (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Capitol Riverside Youth Sports Park sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 55th percentile within DC. Charities of a similar size with the same main cause include Chesterfield Basball-Softball Association ($1.0m), Kokokahi Gym Team Association Inc ($1.0m) and Brookside Soccer Club ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $123k (14% of expenses). Other salaries and wages came to $335k. At year end it held assets of $527k against liabilities of $104k, net assets of $423k. It reported 22 employees.