Snyder Bucks Sports Academy

Analysis

Snyder Bucks Sports Academy is a registered charity in United States, based in Boston, VA. 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, Snyder Bucks Sports Academy reported income of $372k and spending of $404k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $358k to $372k (+4.0%), an average of +4.0% a year. 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, Snyder Bucks Sports Academy sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include New England Frontier Camp Corporation ($372k), Alpharetta Youth Baseball Association Inc ($372k) and Minnesota Hunter & Jumper Association ($372k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $34k against liabilities of $13k, net assets of $20k.