Cannon Falls Youth Athletics

Analysis

Cannon Falls Youth Athletics is a registered charity in United States, based in Cannon Falls, MN. It received its IRS tax-exemption ruling in November 2019, 7 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, Cannon Falls Youth Athletics reported income of $82k and spending of $62k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $82k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cannon Falls Youth Athletics sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Northwest Junior Baseball League ($82k), Hillgrove High School Soccer ($82k) and Waynesboro Youth Soccer Association ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.