Wilmington Youth Soccer Association Inc

Analysis

Wilmington Youth Soccer Association Inc is a registered charity in United States, based in Wilmington, MA. It received its IRS tax-exemption ruling in July 1984, 42 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wilmington Youth Soccer Association Inc reported income of $460k and spending of $467k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $460k (+49%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wilmington Youth Soccer Association Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Wood River Bicycle Coalition ($460k), Newport Harbor Baseball Association ($460k) and Fund for Cape May Inc ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 94% of the total. Other salaries and wages came to $141k. At year end it held assets of $405k against liabilities of $104k, net assets of $301k. It reported 2 employees.