Shining Stars Sports Academy

Analysis

Shining Stars Sports Academy is a registered charity in United States, based in Petersburg, VA. It received its IRS tax-exemption ruling in March 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, Shining Stars Sports Academy reported income of $192k and spending of $207k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $203k to $192k (-5.7%), an average of -5.7% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shining Stars Sports Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include St Lawrence County Snowmobile Association Inc ($192k), Diablos Football Club ($192k) and South Granville Athletic Association Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $8,532 against liabilities of $0, net assets of $8,532.