Sweetwater Athletic Association

Analysis

Sweetwater Athletic Association is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Sweetwater Athletic Association reported income of $81k and spending of $75k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $101k to $81k (-20%), an average of -7.1% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Sweetwater Athletic Association sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Stable Days Youth Ranch ($81k), Shasta Elementary PTO ($81k) and The Ohio State University ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 28% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.