Goldies Youth Sports

Analysis

Goldies Youth Sports is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in February 2021, 5 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, Goldies Youth Sports reported income of $200k and spending of $202k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $152k to $200k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Goldies Youth Sports sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Wave Baseball of Northwest Florida Inc ($200k), Katy Soccer Academy 14 ($200k) and Centerville Hustle Basketball Club Inc ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $9,290 against liabilities of $42, net assets of $9,248.