Lynn Youth Soccer

Analysis

Lynn Youth Soccer is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in January 1982, 44 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 2022, Lynn Youth Soccer reported income of $91k and spending of $76k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $91k to $91k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 302%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lynn Youth Soccer sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include New Ulm Youth Wrestling Assoc Inc ($91k), Westminster Wildcats ($91k) and Friends of Harriman State Park Incorporated ($91k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.1% and program service revenue 88% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.