Peabody Youth Soccer Assoc Inc

Analysis

Peabody Youth Soccer Assoc Inc is a registered charity in United States, based in Peabody, MA. It received its IRS tax-exemption ruling in March 1992, 34 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 2024, Peabody Youth Soccer Assoc Inc reported income of $184k and spending of $175k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $175k to $184k (+5.3%), an average of +5.3% a year. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Peabody Youth Soccer Assoc Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Putnam Hockey Association ($184k), Atlanta Figure Skating Club Inc ($184k) and Manitowoc Youth Baseball Softball Ltd ($184k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $189k against liabilities of $49k, net assets of $140k.