Forest Youth Athletic Association

Analysis

Forest Youth Athletic Association is a registered charity in United States, based in Forest, VA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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, Forest Youth Athletic Association reported income of $377k and spending of $356k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $377k (+117%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forest Youth Athletic Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include South Toledo Senior Centers Inc ($377k), Birmingham Boys Choir Foundation ($377k) and Lincoln Community Club ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $19k (5.3% of expenses). Other salaries and wages came to $5,920. At year end it held assets of $449k against liabilities of $187k, net assets of $262k. It reported 2 employees.