Mineral Wells Youth Sports Association

Analysis

Mineral Wells Youth Sports Association is a registered charity in United States, based in Mineral Wells, TX. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mineral Wells Youth Sports Association reported income of $116k and spending of $104k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $116k (-8.3%), an average of -8.3% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mineral Wells Youth Sports Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Albany Berkeley Youth Volleyball League ($116k), Rushmore Music Camp ($116k) and Madison Hoop Dreams Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 95% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.