Shasta Regional Soccer Associationinc

Analysis

Shasta Regional Soccer Associationinc is a registered charity in United States, based in Redding, CA. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Shasta Regional Soccer Associationinc reported income of $833k and spending of $736k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $380k to $833k (+119%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shasta Regional Soccer Associationinc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Plywood Trail Foundation ($833k), Team Wethrive Inc ($833k) and Bishop Muledays Celebration ($832k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 87% of the total. Other salaries and wages came to $186k. At year end it held assets of $402k against liabilities of $61k, net assets of $340k. It reported 27 employees.