S C Y H Inc

Analysis

S C Y H Inc is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in July 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, S C Y H Inc reported income of $476k and spending of $499k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $504k to $476k (-5.6%), an average of -1.4% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, S C Y H Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include New England Equitation Championships Inc ($475k), Connecticut Northern Lights Girls Sports Inc ($476k) and Texas Wind Athletics ($475k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 58% of the total. Other salaries and wages came to $65k. At year end it held assets of $119k against liabilities of $25k, net assets of $94k.