Pyfa-Storm

Analysis

Pyfa-Storm is a registered charity in United States, based in Lynn Haven, FL. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pyfa-Storm reported income of $61k and spending of $44k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $61k (-13%), an average of -13% a year. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pyfa-Storm sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Medford Ma Youth Baseball ($61k), Lynvet Football & Cheerleading Association Inc ($62k) and Dugout Club of Fernandina Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 96% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.