Marblehead Youth Football Inc

Analysis

Marblehead Youth Football Inc is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in February 2001, 25 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, Marblehead Youth Football Inc reported income of $50k and spending of $71k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $53k to $50k (-4.9%), an average of -4.9% a year. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Marblehead Youth Football Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 28th percentile within MA. Charities of a similar size with the same main cause include Southern Connecticut Storm Specialhockey Inc ($50k), Edison Youth Sports ($50k) and Coastal Bend Friends of Aquatics ($50k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.