C O Sports Academy LLC

Analysis

C O Sports Academy LLC is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in June 2015, 11 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, C O Sports Academy LLC reported income of $103k and spending of $107k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $103k (+152%), an average of +152% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, C O Sports Academy LLC sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Garrard County Fair Board Inc ($103k), Rumson-Fair Haven Youth Lacrosse Association Inc ($103k) and Rolling in Faith ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $1 against liabilities of $1,164, net assets of -$1,163.