Franklin Youth Soccer Association

Analysis

Franklin Youth Soccer Association is a registered charity in United States, based in Franklin, MA. It received its IRS tax-exemption ruling in August 1991, 35 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, Franklin Youth Soccer Association reported income of $428k and spending of $383k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $428k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Franklin Youth Soccer Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include United States Judo Association Inc ($428k), Open Goal Project ($428k) and Platinum Cheer Association ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 95% of the total. Other salaries and wages came to $27k. At year end it held assets of $215k against liabilities of $1,242, net assets of $214k. It reported 4 employees.