Nantucket Student Soccer Association Inc

Analysis

Nantucket Student Soccer Association Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in March 2006, 20 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 2022, Nantucket Student Soccer Association Inc reported income of $135k and spending of $62k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $88k to $135k (+54%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 41% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nantucket Student Soccer Association Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Indiana Youth Hockey Association ($135k), Barrington Youth Basketball Association Inc ($135k) and Wolves Baseball Boosters ($135k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 83% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.