Six Rivers Youth Sports Inc

Analysis

Six Rivers Youth Sports Inc is a registered charity in United States, based in Topsham, ME. It received its IRS tax-exemption ruling in May 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, Six Rivers Youth Sports Inc reported income of $875k and spending of $201k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $405k to $875k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 22% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Six Rivers Youth Sports Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within ME. Charities of a similar size with the same main cause include American Friends of Zichron Eliyahu Ofakim ($875k), Central Kansas Free Fair Inc ($875k) and Florida Flywheelers Antique Engine Club Inc ($874k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Other salaries and wages came to $32k. It paid $24k in professional fundraising fees. At year end it held assets of $1.4m against liabilities of $37k, net assets of $1.4m. It reported 4 employees.