Larchmont Junior Soccer League Inc

Analysis

Larchmont Junior Soccer League Inc is a registered charity in United States, based in Larchmont, NY. It received its IRS tax-exemption ruling in August 1992, 34 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, Larchmont Junior Soccer League Inc reported income of $155k and spending of $136k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $137k to $155k (+13%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Larchmont Junior Soccer League Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Tri County Soccer Association ($155k), Moultrie-Douglas County Fair & Agricultural Assn Inc ($155k) and Brews for the Brave Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Other salaries and wages came to $8,825. At year end it held assets of $378k against liabilities of $0, net assets of $378k.