Fit Youth Inc

Analysis

Fit Youth Inc is a registered charity in United States, based in Pembroke Pnes, FL. It received its IRS tax-exemption ruling in February 2016, 10 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 August 2022, Fit Youth Inc reported income of $89k and spending of $89k, spending 99% of its income. Across the 2 years on record, from August 2021 to August 2022, income fell from $108k to $89k (-17%), an average of -17% a year. The sharpest change came in the year to August 2022, when income dropped by 17%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fit Youth Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Carolinas Figure Skating Club Inc ($89k), LCHS Football Wolfpack Corp ($89k) and Crater Lake National Park Trust ($89k).

On its Form 990-EZ for the period ending August 2022, revenue came from contributions and grants 27% and program service revenue 57% of the total. At year end it held assets of $14k against liabilities of $7,145, net assets of $6,467.