Middleton Youth Soccer Inc

Analysis

Middleton Youth Soccer Inc is a registered charity in United States, based in Middletown, CT. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Middleton Youth Soccer Inc reported income of $1.3m and spending of $1.1m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $927k to $1.3m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 41%. 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, Middleton Youth Soccer Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include Crystal Mountain Alpine Club ($1.3m), Upper Valley Snowsports Foundation ($1.3m) and Swemkids International Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $148k (14% of expenses). At year end it held assets of $3.0m against liabilities of $835k, net assets of $2.1m.