Soccer Without Borders

Analysis

Soccer Without Borders is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Soccer Without Borders reported income of $4.3m and spending of $4.1m, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.9m to $4.3m (+124%), an average of +22% a year. The sharpest change came in the year to July 2022, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Soccer Without Borders sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MD. Charities of a similar size with the same main cause include Chicago Parks Foundation ($4.3m), Southland Conference 070195 ($4.3m) and Wood River Community Young Mens Christian Association Inc ($4.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $3.1m against liabilities of $432k, net assets of $2.6m. It reported 53 employees.