Heritage Youth Sports Foundation Inc

Analysis

Heritage Youth Sports Foundation Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2021, 5 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, Heritage Youth Sports Foundation Inc reported income of $94k and spending of $98k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $94k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heritage Youth Sports Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Alexandria Area Soccer Association ($94k), Dandridge Youth Football League ($94k) and Westborough Youth Basketball Association ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,482 against liabilities of $5,482, net assets of $0.