Watertown Association for Youth Soccer Inc

Analysis

Watertown Association for Youth Soccer Inc is a registered charity in United States, based in Watertown, CT. It received its IRS tax-exemption ruling in August 1981, 45 years ago. 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, Watertown Association for Youth Soccer Inc reported income of $124k and spending of $118k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $124k (-4.4%), an average of -4.4% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Watertown Association for Youth Soccer Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Ascm Rochester Inc ($124k), Autism Society of America ($124k) and Elderly Housing Service Corporation ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.0% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.