Linganore Area Youth Athletic Association Inc

Analysis

Linganore Area Youth Athletic Association Inc is a registered charity in United States, based in New Market, MD. It received its IRS tax-exemption ruling in November 1978, 48 years ago. 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 June 2023, Linganore Area Youth Athletic Association Inc reported income of $1.9m and spending of $1.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $998k to $1.9m (+88%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 133%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Linganore Area Youth Athletic Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Normandale Community College Foundation Inc ($1.9m), Arc of Oakland County Inc ($1.9m) and Arctic Research Consortium of the United States Incorporated ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 89% of the total. At year end it held assets of $1.2m against liabilities of $708k, net assets of $480k.