Massachusetts Youth Soccer Association Incorporated

Analysis

Massachusetts Youth Soccer Association Incorporated is a registered charity in United States, based in Lancaster, MA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 October 2023, Massachusetts Youth Soccer Association Incorporated reported income of $6.0m and spending of $4.4m, leaving 27% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $4.4m to $6.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to October 2021, when income rose by 70%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Massachusetts Youth Soccer Association Incorporated sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Omni Institute ($6.0m), Community Counseling Service ($6.0m) and Baymonte Christian School ($6.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 62% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $240k (5.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $13.8m against liabilities of $8.5m, net assets of $5.3m. It reported 179 employees.