Harleysville Soccer Association

Analysis

Harleysville Soccer Association is a registered charity in United States, based in Telford, PA. It received its IRS tax-exemption ruling in March 2004, 22 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, Harleysville Soccer Association reported income of $199k and spending of $210k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $576k to $199k (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 66%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Harleysville Soccer Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include St James Youth Baseball Association ($199k), Tri-City Wolverines Youth Association Inc NFP ($199k) and Lake Braddock Crew Boosters Club Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $40k (19% of expenses). At year end it held assets of $58k against liabilities of $22k, net assets of $36k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.