Knoxville Falcons Youth Athletics Inc

Analysis

Knoxville Falcons Youth Athletics Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 1965, 61 years ago. 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 2019, Knoxville Falcons Youth Athletics Inc reported income of $65k and spending of $70k, spending 107% of what it took in. Across the 2 years on record, from December 2018 to December 2019, income fell from $73k to $65k (-9.9%), an average of -9.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knoxville Falcons Youth Athletics Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within TN. Charities of a similar size with the same main cause include Plymouth Fife & Drum Corps Association ($65k), North Corner Chamber Orchestra ($65k) and Arc of Otoe County ($65k).

On its Form 990 for the period ending December 2019, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (23% of expenses). At year end it held assets of $127k against liabilities of $0, net assets of $127k.