Naugatuck Youth Soccer Inc

Analysis

Naugatuck Youth Soccer Inc is a registered charity in United States, based in Naugatuck, CT. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Naugatuck Youth Soccer Inc reported income of $71k and spending of $77k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $71k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 322%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Naugatuck Youth Soccer Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within CT. Charities of a similar size with the same main cause include Rocky Mountain Oyster Feed ($71k), Port Washington Police Athletic League Inc ($71k) and Lockport Little League Baseball Organization Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.