Katy Youth Soccer Club

Analysis

Katy Youth Soccer Club is a registered charity in United States, based in Katy, TX. It received its IRS tax-exemption ruling in April 2022, 4 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 July 2024, Katy Youth Soccer Club reported income of $915k and spending of $960k, spending 105% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $613k to $915k (+49%), an average of +8.3% a year. The sharpest change came in the year to July 2021, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Katy Youth Soccer Club sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Camp Kum-Ba-Yah Inc ($915k), Ethiopian Sport Federation in North America ($915k) and Horton Haven-Christian Camp ($915k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $605k against liabilities of $0, net assets of $605k.