Charlton Youth Soccer Inc

Analysis

Charlton Youth Soccer Inc is a registered charity in United States, based in Charlton City, MA. It received its IRS tax-exemption ruling in July 2000, 26 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, Charlton Youth Soccer Inc reported income of $93k and spending of $96k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $93k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charlton Youth Soccer Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Great Bay Figure Skating Club Dover Ice Arena ($93k), Northern Calvert Fastpitch ($93k) and HB Cal Ripken ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. At year end it held assets of $142k against liabilities of $23k, net assets of $119k.