Kingston Optimist Club Sports

Analysis

Kingston Optimist Club Sports is a registered charity in United States, based in Kingston, TN. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Kingston Optimist Club Sports reported income of $144k and spending of $120k, spending 83% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $152k to $144k (-4.9%), an average of -2.5% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kingston Optimist Club Sports sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Partnership and Inspiration for Engineering Education and Entrepre ($144k), Centennial Childrens Chorus ($144k) and Lenny Simpson Tennis and Education Foundation Inc ($144k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 90% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.