Lake Cumberland Youth Football Inc

Analysis

Lake Cumberland Youth Football Inc is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in August 1996, 30 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, Lake Cumberland Youth Football Inc reported income of $223k and spending of $164k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $223k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 55%. 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, Lake Cumberland Youth Football Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KY. Charities of a similar size with the same main cause include Lake Erie Arboretum at Frontier ($223k), Betsys Park ($223k) and Arlington Youth Sports ($223k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 28% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.