LA Storm Youth Sports

Analysis

LA Storm Youth Sports is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in August 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, LA Storm Youth Sports reported income of $391k and spending of $390k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $339k to $391k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LA Storm Youth Sports sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Sun Prairie Swim Inc ($391k), Katy Pony Baseball Inc ($391k) and South Tampa Youth Soccer Club Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $126k (32% of expenses). At year end it held assets of $32k against liabilities of $24k, net assets of $7,436. It reported 2 employees.