Aberdeen Family Y Foundation Inc

Analysis

Aberdeen Family Y Foundation Inc is a registered charity in United States, based in Aberdeen, SD. It received its IRS tax-exemption ruling in August 1992, 34 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 August 2023, Aberdeen Family Y Foundation Inc reported income of $82k and spending of $13k, leaving 84% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $57k to $82k (+43%), an average of +9.3% a year. The sharpest change came in the year to August 2022, when income rose by 190%. Over the whole period it spent 10% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aberdeen Family Y Foundation 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 26th percentile within SD. Charities of a similar size with the same main cause include Lexington Soccer Association ($82k), Three Rivers Swimming ($82k) and Champlin Park HS Dugout Club ($82k).

At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.