Youth and community nonprofits / Florida / Lithia

Amateur sports

Waterset Oilers Youth Sports Inc

A tax-exempt nonprofit in Lithia, Florida, classified by the IRS as amateur sports. For the year ending Dec 2023 it reported $119,421 in revenue and $116,559 in expenses.

Data as of November 8, 2026Markdown copy JSON data

What it says it does

“Youth Sport's organization. To provide a safe place for youths to play football and cheer in the local community”From the organization's Form 990-EZ for the year ending Dec 2023, as written (including spelling); all-capital text shown in normal capitalization.

IRS facts

Type: Amateur sports (IRS activity code N60)

Mailing city (IRS): Lithia, Florida 33547

EIN: 92-2991376

Tax status: 501(c)(3), eligible to receive tax-deductible donations; IRS-recognized as tax-exempt since 2023, per IRS records posted October 13, 2026.

Revenue on its latest IRS filing: $119,421 (year ending Dec 2023)

Check its status on IRS Tax Exempt Organization Search · Filings on ProPublica Nonprofit Explorer

Waterset Oilers Youth Sports Inc finances

From the annual returns the group files with the IRS (Form 990, or the shorter Form 990-EZ for smaller groups), 1 filed year. Net assets are what it owns minus what it owes; management and general is office, admin and insurance cost. A dash means not reported (the short form does not ask for employees or volunteers). Each figure links to that year's return. A year is left out when no return is in the IRS e-file data; that does not mean the group was inactive.

Year ending	Dec 2023
Total revenue	$119,421
Total expenses	$116,559
Total assets	$2,862
Liabilities	$0
Net assets	$2,862
IRS form	Form 990-EZ

Where the money goes, year ending Dec 2023

Programs $116,559 (100% of $116,559)

Small groups file the shorter Form 990-EZ, which reports program spending but not the management and fundraising split.

Where the money comes from, year ending Dec 2023

Gifts and grants $46,615 (39%)
Program fees $0 (0%)
Investment income $0 (0%)
Other $72,806 (61%)

Only one return is loaded, so we show no growth label.

Source: IRS Form 990 Series Downloads (the returns open on ProPublica Nonprofit Explorer, which republishes the IRS files). Figures are as the organization filed them. Florida nonprofit.

How it compares

5 of 9 amateur sports nonprofits in Lithia when sorted from largest to smallest revenue. This shows size only, not quality. Groups with no reported revenue are listed last.

Size: revenue of $119,421 is higher than roughly 40 to 50% of the 866 amateur sports nonprofits in Florida that report revenue to the IRS (the city count above also includes groups with none). The median is $131,660.

Our analysis of the IRS Business Master File (posted October 13, 2026), using each group's latest reported revenue. Groups are sorted by revenue and split into ten equal bands, using all Florida groups of this type (Amateur sports, which covers several IRS activity codes). Size only, not a rating.

Around Lithia and its county

Hillsborough County, Florida: the Census Bureau estimates about 334,721 children under 18 (July 1, 2024). This directory lists 640 youth and community nonprofits with a mailing ZIP code in the county, about 1.9 per 1,000 children. The count includes PTAs, arts and day care groups, so it is not a measure of places for kids.

This group's ZIP code is matched to the county that holds most of its area, so counts are approximate. County figures come from the Census Bureau's Vintage 2024 population estimates.

What is Waterset Oilers Youth Sports Inc's EIN?

Waterset Oilers Youth Sports Inc's EIN (Employer Identification Number) is 92-2991376. It is the nine-digit number the IRS uses to identify the organization. Source: IRS Exempt Organizations Business Master File posted October 13, 2026.

Is Waterset Oilers Youth Sports Inc a nonprofit?

Yes. The IRS lists Waterset Oilers Youth Sports Inc in Lithia, Florida as tax-exempt under section 501(c)(3), recognized since 2023. This is from the IRS Business Master File posted October 13, 2026. Status can change, so check its current status on the IRS Tax Exempt Organization Search before you donate.

Are donations to Waterset Oilers Youth Sports Inc tax-deductible?

Yes, the IRS lists gifts to Waterset Oilers Youth Sports Inc as tax-deductible (IRS Business Master File posted October 13, 2026). How much you can deduct depends on your own taxes, and this is not tax advice. Check its current status on the IRS Tax Exempt Organization Search before you donate.

What does Waterset Oilers Youth Sports Inc do?

In its own words on its Form 990 for the year ending Dec 2023: "Youth Sport's organization. To provide a safe place for youths to play football and cheer in the local community" The IRS classifies it as: Amateur sports.

How much money does Waterset Oilers Youth Sports Inc take in?

For the year ending Dec 2023, Waterset Oilers Youth Sports Inc reported total revenue of $119,421 and total expenses of $116,559 on its Form 990-EZ (IRS Form 990 e-file data).

Do you run this organization?

Tax-exempt since 2021 · EIN 30-0530257

Football

Pinecrest Youth Football Inc

Lithia, FL 33547

Tax-exempt since 2008 · EIN 59-2901671

All youth and community nonprofits in Lithia

Source: IRS Exempt Organizations Business Master File, posted October 13, 2026. We list 501(c)(3) organizations whose IRS activity code is youth development, amateur sports, camps and recreation, parent-teacher groups, children's services, child day care or arts education. We show the city and ZIP code only, never a street address or contact person. A listing is not an endorsement.

Data as of November 8, 2026. Sources: IRS Business Master File (posted October 13, 2026), IRS Form 990 series e-file data, U.S. Census Bureau population estimates (July 1, 2024), state child care licensing records in the BackPR finder. Growth labels, ranks and percentiles are BackPR's own calculations.

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