NYC Impact Sports Inc

Analysis

NYC Impact Sports Inc is a registered charity in United States, based in Ridgewood, NY. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, NYC Impact Sports Inc reported income of $580k and spending of $500k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $386k to $580k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, NYC Impact Sports Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Magic Wand Foundation Inc ($579k), Boys and Girls Club of South Park Inc ($580k) and Haiti Foundation Against Povertyinc ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $317k against liabilities of $0, net assets of $317k.