Syfl

Analysis

Syfl is a registered charity in United States, based in Sinton, TX. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Syfl reported income of $73k and spending of $38k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $73k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 72% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Syfl sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Imagine and Believe Foundation ($73k), Trustees of Purdue University ($73k) and Macedonia Family Life Community Complex Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.