Gabl Youth Sports Foundation Inc

Analysis

Gabl Youth Sports Foundation Inc is a registered charity in United States, based in Lenexa, KS. It received its IRS tax-exemption ruling in September 1977, 49 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, Gabl Youth Sports Foundation Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.1m to $1.5m (+37%), an average of +8.3% a year. The sharpest change came in the year to July 2023, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Gabl Youth Sports Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Florida United Numismatists Inc ($1.5m), Barrington Area Soccer Association Ltd ($1.5m) and Olathe Soccer Club Inc ($1.5m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. At year end it held assets of $125k against liabilities of $151k, net assets of -$27k.