Swansea Somerset Youth Soccer League

Analysis

Swansea Somerset Youth Soccer League is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in August 1999, 27 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 January 2024, Swansea Somerset Youth Soccer League reported income of $195k and spending of $159k, spending 81% of its income. Across the 2 years on record, from January 2023 to January 2024, income fell from $219k to $195k (-11%), an average of -11% a year. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Swansea Somerset Youth Soccer League sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include National Gay Flag Football League ($195k), Westlake Cheer Parent Association ($195k) and Saved by Grace Ministry Inc ($195k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 36% and program service revenue 60% of the total. At year end it held assets of $546k against liabilities of $435, net assets of $545k.