Lincoln Youth Sports Promotions Inc

Analysis

Lincoln Youth Sports Promotions Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in July 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lincoln Youth Sports Promotions Inc reported income of $67k and spending of $49k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $67k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lincoln Youth Sports Promotions Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within NE. Charities of a similar size with the same main cause include Childs Gate to Learning ($67k), Jordan Poyer Foundation Inc ($67k) and Lucs Light Youth Music & Arts Foundation ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Other salaries and wages came to $11k. At year end it held assets of $302k against liabilities of $28k, net assets of $273k.