Shining Stars Sports and Recreation Inc

Analysis

Shining Stars Sports and Recreation Inc is a registered charity in United States, based in Snyder, TX. It received its IRS tax-exemption ruling in January 2022, 4 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 and Recreation Inc reported income of $65k and spending of $66k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $65k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. 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 and Recreation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Westwood Youth Softball Inc ($65k), Lodi Basketball Academy ($65k) and Blue Mountain Volleyball Officials ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. At year end it held assets of $45 against liabilities of $0, net assets of $45.