Wayland Youth Soccer

Analysis

Wayland Youth Soccer is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in March 1998, 28 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 July 2024, Wayland Youth Soccer reported income of $304k and spending of $267k, spending 88% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $128k to $304k (+137%), an average of +24% a year. The sharpest change came in the year to July 2021, when income rose by 91%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wayland Youth Soccer sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Waccamaw High School Athletic Booster Club Inc ($304k), Austin High School Boys Lacrosse ($304k) and Pop Warner Little Scholars Inc ($304k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.