Westport Soccer Association Inc

Analysis

Westport Soccer Association Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in October 2005, 21 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 June 2023, Westport Soccer Association Inc reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+3.9%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 287%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westport Soccer Association 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 Big City Mountaineers Inc ($1.3m), Yuba Community College District Foundation ($1.3m) and Sonoma County Regional Parks Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.