Dracut Soccer Association Inc

Analysis

Dracut Soccer Association Inc is a registered charity in United States, based in Dracut, MA. It received its IRS tax-exemption ruling in January 1990, 36 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 June 2023, Dracut Soccer Association Inc reported income of $92k and spending of $77k, spending 84% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $87k to $92k (+6.5%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dracut Soccer Association Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Piedmont Athletes Excelling Together ($92k), Glen Davies Volleyball Foundation ($92k) and Pop Warner Little Scholars Inc ($92k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 93% of the total. At year end it held assets of $138k against liabilities of $3,049, net assets of $135k.