Springfield South County Youth Club

Analysis

Springfield South County Youth Club is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in November 1963, 63 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 June 2023, Springfield South County Youth Club reported income of $3.8m and spending of $4.0m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.8m (+46%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 54%. 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, Springfield South County Youth Club sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Boys and Girls Club of Kenosha Inc ($3.8m), Camp Id-Ra-Ha-Je Association ($3.8m) and Mill River Collaborative Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $2.7m against liabilities of $1.8m, net assets of $827k. It reported 47 employees.