Chugiak Youth Sports Assoc

Analysis

Chugiak Youth Sports Assoc is a registered charity in United States, based in Eagle River, AK. It received its IRS tax-exemption ruling in October 1991, 35 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, Chugiak Youth Sports Assoc reported income of $392k and spending of $346k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $261k to $392k (+50%), an average of +8.5% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chugiak Youth Sports Assoc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within AK. Charities of a similar size with the same main cause include Trails 2000 Inc ($392k), Grand Street District Management Association Inc ($392k) and Greenwich Sailing School Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $103k (30% of expenses). At year end it held assets of $450k against liabilities of $154k, net assets of $296k. It reported 2 employees.