Madison Youth Soccer Booster Club

Analysis

Madison Youth Soccer Booster Club is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in January 1984, 42 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, Madison Youth Soccer Booster Club reported income of $252k and spending of $214k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $230k to $252k (+9.8%), an average of +9.8% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison Youth Soccer Booster Club sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include New York State Field Band Conference Inc ($252k), Monarch Quarterback Club ($252k) and Port of Hopes Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $4,330 (2.0% of expenses). At year end it held assets of $191k against liabilities of $0, net assets of $191k.