Peaster Youth Association
Analysis
Peaster Youth Association is a registered charity in United States, based in Peaster, TX. It received its IRS tax-exemption ruling in April 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, Peaster Youth Association reported income of $216k and spending of $173k, spending 80% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $155k to $216k (+40%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 76% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Peaster Youth Association sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Champs United Inc ($216k), Give Me a Chance Foundation ($217k) and Agawam Soccer Association Inc ($216k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 95% of the total. At year end it held assets of $148k against liabilities of $0, net assets of $148k.
Income and spending
Where the income comes from
- Contributions & grants 1.4%
- Program services 95%
- Other 3.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Champs United Inc | Brooklyn | $216k |
| Give Me a Chance Foundation | Hinsdale | $217k |
| Agawam Soccer Association Inc | Feeding Hills | $216k |
| Lawrence - Hopewell Trail Corporation | Pennington | $217k |