Ipswich Youth Soccer Inc

Analysis

Ipswich Youth Soccer Inc is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in April 2006, 20 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 June 2024, Ipswich Youth Soccer Inc reported income of $116k and spending of $92k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $81k to $116k (+44%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 36%. 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, Ipswich Youth Soccer Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Gottagetit ($116k), Haitian Sports Foundation ($116k) and Portland Mountain Rescue ($116k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.