East Lyme Soccer Association Inc

Analysis

East Lyme Soccer Association Inc is a registered charity in United States, based in East Lyme, CT. It received its IRS tax-exemption ruling in July 2002, 24 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 December 2023, East Lyme Soccer Association Inc reported income of $71k and spending of $63k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $71k (+5.8%), an average of +5.8% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Lyme Soccer Association Inc sits at the 33rd percentile: it is larger than about 33% 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 Taylor Sports Complex ($71k), Richlands Midget Football League Inc ($71k) and Patrons for Bellaire Parks ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.5% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.