Andover Soccer Association Inc

Analysis

Andover Soccer Association Inc is a registered charity in United States, based in Andover, MA. It received its IRS tax-exemption ruling in August 1978, 48 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, Andover Soccer Association Inc reported income of $509k and spending of $494k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $509k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 1336%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Andover Soccer Association Inc 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 70th percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Greater Pensacola Junior Golf Association Inc ($509k), Crystal Lake Cardinals Baseballassociation NFP ($509k) and Charlottesville Community Bikes ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 95% of the total. At year end it held assets of $1.0m against liabilities of $176k, net assets of $858k.