Downtown Manhattan Soccer League Inc

Analysis

Downtown Manhattan Soccer League Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1994, 32 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, Downtown Manhattan Soccer League Inc reported income of $434k and spending of $424k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $434k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 66%. 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, Downtown Manhattan Soccer League Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Bedford Riding Lanes Association Inc ($434k), F C Blades ($434k) and San Francisco Lacrosse Club Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $410k against liabilities of $37k, net assets of $372k.