Team Thrill Youth Sports Organization Inc

Analysis

Team Thrill Youth Sports Organization Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 2018, 8 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 July 2024, Team Thrill Youth Sports Organization Inc reported income of $313k and spending of $286k, spending 91% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $219k to $313k (+43%), an average of +20% a year. The sharpest change came in the year to July 2024, when income rose by 71%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Thrill Youth Sports Organization Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Laramie Soccer Club Inc ($313k), Lower Southampton Athletic Association ($314k) and Greater Haverhill Pentucket Youth Hockey Association Inc ($313k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $29k (10% of expenses). Other salaries and wages came to $3,162. At year end it held assets of $85k against liabilities of -$19k, net assets of $103k.