Capital District Youth Soccer League Inc

Analysis

Capital District Youth Soccer League Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in May 2000, 26 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 August 2023, Capital District Youth Soccer League Inc reported income of $337k and spending of $319k, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $318k to $337k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to August 2021, when income rose by 36%. 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, Capital District Youth Soccer League Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Elko Indar Soccer Club ($337k), New York City Gay Hockey Association ($338k) and Rocky Mountain Roller Hockey League Inc ($337k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $52k (16% of expenses). Other salaries and wages came to $29k. At year end it held assets of $358k against liabilities of $2,297, net assets of $356k. It reported 3 employees.