Katy Youth Cricket

Analysis

Katy Youth Cricket is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Katy Youth Cricket reported income of $64k and spending of $75k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $64k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Katy Youth Cricket sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Langlade County Ski Club ($64k), Pittsfield Soccer Club Inc ($65k) and Little League Baseball Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.