LA Vernia Grizzlies Youth Sports Assn

Analysis

LA Vernia Grizzlies Youth Sports Assn is a registered charity in United States, based in LA Vernia, TX. It received its IRS tax-exemption ruling in December 2017, 9 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, LA Vernia Grizzlies Youth Sports Assn reported income of $67k and spending of $58k, spending 87% of its income. Across the 3 years on record, from January 2022 to December 2023, income grew from $47k to $67k (+44%), an average of +20% a year. The sharpest change came in the year to January 2023, when income rose by 56%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LA Vernia Grizzlies Youth Sports Assn sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include South Side Sportsman Association Inc ($67k), T C Riders Snowmobile Club Inc ($67k) and Roaring Fork Football Foundation ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 31% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.