A & M Sports Academy Inc

Analysis

A & M Sports Academy Inc is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, A & M Sports Academy Inc reported income of $119k and spending of $238k, spending 200% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $201k to $119k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 160% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A & M Sports Academy Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include The Encounter Outreach Inc ($119k), William C Conner Foundation ($119k) and Public Node ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $30k (13% of expenses). At year end it held assets of $131 against liabilities of $338k, net assets of -$338k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.