Prospect - Bethany Youth Soccer Association Inc

Analysis

Prospect - Bethany Youth Soccer Association Inc is a registered charity in United States, based in Prospect, CT. It received its IRS tax-exemption ruling in October 1998, 28 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 2021, Prospect - Bethany Youth Soccer Association Inc reported income of $227k and spending of $223k, spending 98% of its income. Across the 4 years on record, from December 2018 to December 2021, income fell from $274k to $227k (-17%), an average of -6.0% a year. The sharpest change came in the year to December 2020, when income dropped by 43%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prospect - Bethany Youth Soccer Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within CT. Charities of a similar size with the same main cause include Randolph Mountain Club ($227k), Little League Baseball Inc ($227k) and Thompson Valley Preschool Inc ($227k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $50k against liabilities of $0, net assets of $50k.