Farmington Youth Football Association

Analysis

Farmington Youth Football Association is a registered charity in United States, based in Farmington, MN. It received its IRS tax-exemption ruling in April 2022, 4 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, Farmington Youth Football Association reported income of $197k and spending of $207k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $180k to $197k (+9.3%), an average of +9.3% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Farmington Youth Football Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Pickleball Lincoln Inc ($197k), Burgo Basketball Association ($197k) and Sharon Soccer Association Inc ($197k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.