Rye Youth Soccer Club Inc

Analysis

Rye Youth Soccer Club Inc is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in August 1979, 47 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 June 2024, Rye Youth Soccer Club Inc reported income of $1.0m and spending of $1.0m, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $651k to $1.0m (+54%), an average of +9.0% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rye Youth Soccer Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Messianic Jewish Family Bible Society Inc ($1.0m), Metasport FC Inc ($1.0m) and Wharf to Wharf Race ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $395k. At year end it held assets of $387k against liabilities of $79k, net assets of $307k. It reported 5 employees.