Norwood Youth Soccer Inc

Analysis

Norwood Youth Soccer Inc is a registered charity in United States, based in Norwood, MA. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Norwood Youth Soccer Inc reported income of $178k and spending of $152k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $178k to $178k (-0.2%), an average of -0.2% a year. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Norwood Youth Soccer Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include San Francisco Calheat ($178k), Southern Oklahoma Sports Association ($178k) and Li Knights VBC Inc ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. At year end it held assets of $186k against liabilities of $186k, net assets of $0.