Syobball Inc

Analysis

Syobball Inc is a registered charity in United States, based in Melville, NY. 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 (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, Syobball Inc reported income of $646k and spending of $631k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $227k to $646k (+185%), an average of +69% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Syobball Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Caledonia County Fair Assn ($645k), Hunters of Color ($646k) and Brandon Valley Ice and In-Line Hockey Association-Bvha ($645k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $23k (3.7% of expenses). Other salaries and wages came to $45k. At year end it held assets of $312k against liabilities of $286k, net assets of $26k. It reported 63 employees.