Daytona Beach Sports Club Inc

Analysis

Daytona Beach Sports Club Inc is a registered charity in United States, based in New Smyrna, FL. It received its IRS tax-exemption ruling in November 2015, 11 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, Daytona Beach Sports Club Inc reported income of $159k and spending of $40k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $159k (+13%), an average of +13% a year. Over the whole period it spent 54% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Daytona Beach Sports Club Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include First Day of School Foundation Inc ($159k), Tallahassee Lego Robotics Club Inc ($159k) and Chinese Youth Camp ($159k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.