World Soccer Organization Inc

Analysis

World Soccer Organization Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, World Soccer Organization Inc reported income of $126k and spending of $127k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $277k to $126k (-54%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, World Soccer Organization Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Fitness and Character Education Inc ($126k), Torchbearers ($126k) and Child Evangelism Fellowship Inc Reading & Berks County Epa Chapter ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (25% of expenses). At year end it held assets of $40k against liabilities of $0, net assets of $40k.