Pennridge Yellowjackets Soccer Association

Analysis

Pennridge Yellowjackets Soccer Association is a registered charity in United States, based in Sellersville, PA. It received its IRS tax-exemption ruling in July 2003, 23 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, Pennridge Yellowjackets Soccer Association reported income of $119k and spending of $117k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $119k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pennridge Yellowjackets Soccer Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Virgin Islands Tennis Association ($119k), Hawaii Surfing Production Corp ($119k) and Wisconsin Twisters Ltd ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 83% of the total. At year end it held assets of $204k against liabilities of $15k, net assets of $189k.