Suffolk Youth Athletic Association Inc

Analysis

Suffolk Youth Athletic Association Inc is a registered charity in United States, based in Suffolk, VA. It received its IRS tax-exemption ruling in September 1981, 45 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 December 2023, Suffolk Youth Athletic Association Inc reported income of $463k and spending of $357k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $463k (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 251%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Suffolk 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 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Golf for Injured Veterans Everywhere Foundation ($463k), Northwest Arkansas Juniors Storm ($464k) and Dekalb County Fair Association Inc ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 70% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.