Cambridge Youth Soccer Inc

Analysis

Cambridge Youth Soccer Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in November 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 2023, Cambridge Youth Soccer Inc reported income of $339k and spending of $316k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $196k to $339k (+73%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 23%. 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, Cambridge Youth Soccer Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Women of Colors ($339k), Phoenix After School Sports Inc ($339k) and Permian Basin Elite Volleyball Club Inc ($339k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $31k (9.9% of expenses). Other salaries and wages came to $43k. At year end it held assets of $207k against liabilities of $71k, net assets of $136k. It reported 2 employees.