Methuen Youth Soccer Association Inc

Analysis

Methuen Youth Soccer Association Inc is a registered charity in United States, based in Methuen, MA. It received its IRS tax-exemption ruling in July 1994, 32 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 November 2023, Methuen Youth Soccer Association Inc reported income of $228k and spending of $211k, spending 92% of its income. Across the 2 years on record, from November 2022 to November 2023, income grew from $203k to $228k (+13%), an average of +12% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Methuen Youth Soccer Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Alzheimer Society of Washington ($228k), Little League Baseball Inc ($228k) and Melanated Leaders Inc ($228k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 1.8% and program service revenue 96% of the total. At year end it held assets of $321k against liabilities of $14k, net assets of $307k.