South Fork United Inc

Analysis

South Fork United Inc is a registered charity in United States, based in East Quogue, NY. It received its IRS tax-exemption ruling in October 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, South Fork United Inc reported income of $105k and spending of $105k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $105k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Fork United Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Oxnard Soccer Association ($105k), South Belt Girls Softball Assoc ($105k) and Friends of the Calaveras County Fair &jumping Frog Jubilee Foundat ($105k).

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 $1,709 against liabilities of $0, net assets of $1,709.