Poquoson Atheletic Assoc

Analysis

Poquoson Atheletic Assoc is a registered charity in United States, based in Poquoson, VA. It received its IRS tax-exemption ruling in July 2006, 20 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 2024, Poquoson Atheletic Assoc reported income of $67k and spending of $47k, leaving 30% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $24k to $67k (+182%), an average of +68% a year. The sharpest change came in the year to June 2023, when income rose by 238%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Poquoson Atheletic Assoc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Fort Worth Dressage Club Incorporated ($67k), Kennett-Unionville Titans Youth Athletic Club Kutyac ($67k) and Tanana Valley Sportsmens Foundation Inc ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.0% and program service revenue 71% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.