Youth Sports Warehouse Corporation

Analysis

Youth Sports Warehouse Corporation is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in October 2020, 6 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, Youth Sports Warehouse Corporation reported income of $56k and spending of $68k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $249k to $56k (-78%), an average of -78% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 48% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Youth Sports Warehouse Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within KS. Charities of a similar size with the same main cause include Westbank Futbol Club ($56k), Bedford Bulldog Booster Club ($56k) and Camel City Track Foundation ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $226k against liabilities of $71k, net assets of $155k.