Norwalk Area Friends of Youth Sports Inc

Analysis

Norwalk Area Friends of Youth Sports Inc is a registered charity in United States, based in Norwalk, OH. It received its IRS tax-exemption ruling in February 2016, 10 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, Norwalk Area Friends of Youth Sports Inc reported income of $137k and spending of $239k, spending 175% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $31k to $137k (+338%), an average of +109% a year. The sharpest change came in the year to December 2022, when income rose by 440%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Norwalk Area Friends of Youth Sports Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Diamond Bar Little League Inc ($137k), United States Bowling Congress Inc ($137k) and Onalaska Hilltopper Athletic Booster Club Inc ($137k).

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 $232k against liabilities of $0, net assets of $232k.