Vermont Youth Soccer Association
Analysis
Vermont Youth Soccer Association is a registered charity in United States, based in Williston, VT. It received its IRS tax-exemption ruling in August 1998, 28 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 August 2023, Vermont Youth Soccer Association reported income of $539k and spending of $527k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $471k to $539k (+15%), an average of +3.5% a year. The sharpest change came in the year to August 2021, when income rose by 45%. Over the whole period it spent 94% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vermont Youth Soccer Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 66th percentile within VT. Charities of a similar size with the same main cause include Gwinnett Aquatics Inc ($539k), Oregon Basketball Club ($539k) and Highland Park Little League Association ($539k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $66k (12% of expenses). Other salaries and wages came to $54k. At year end it held assets of $349k against liabilities of $3,247, net assets of $346k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.0%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gwinnett Aquatics Inc | Atlanta | $539k |
| Oregon Basketball Club | Salem | $539k |
| Highland Park Little League Association | Saint Paul | $539k |
| Billings Amateur Hockey League Inc | Billings | $539k |