Soccer Association for Youth

Analysis

Soccer Association for Youth is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in April 1972, 54 years ago. 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, Soccer Association for Youth reported income of $115k and spending of $78k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $115k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soccer Association for Youth sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within VA. Charities of a similar size with the same main cause include Cosmo and Lewis Estates Inc ($115k), Los Gatos Lions Charities Inc ($115k) and Nicholas J Sacco Foundation Inc ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.