Newton Youth Soccer League Inc

Analysis

Newton Youth Soccer League Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in February 2023, 3 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 November 2023, Newton Youth Soccer League Inc reported income of $677k and spending of $580k, spending 86% of its income. Across the 6 years on record, from November 2018 to November 2023, income grew from $402k to $677k (+68%), an average of +11% a year. The sharpest change came in the year to November 2019, when income rose by 27%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newton Youth Soccer League Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Geneva Lake Sailing School Inc ($677k), Champions4kids Inc ($678k) and Brevard Soccer Alliance Inc ($677k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. At year end it held assets of $592k against liabilities of $354k, net assets of $238k.