Massachusetts State Soccer Association Inc

Analysis

Massachusetts State Soccer Association Inc is a registered charity in United States, based in Reading, MA. It received its IRS tax-exemption ruling in June 2018, 8 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, Massachusetts State Soccer Association Inc reported income of $245k and spending of $253k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $245k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Massachusetts State Soccer Association Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Bulldog Football & Cheer Association ($245k), Sharks Baseball Club Inc ($245k) and Bigfoots Baseball ($244k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $389k against liabilities of $5,400, net assets of $384k.