Arizona Soccer Academy

Analysis

Arizona Soccer Academy is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in November 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, Arizona Soccer Academy reported income of $54k and spending of $62k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $54k (-43%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arizona Soccer Academy sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within AZ. Charities of a similar size with the same main cause include Dunedin Youth Sailing Association Inc ($54k), Wood River Extreme Ski Joring Association Inc ($54k) and American Youth Football Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. At year end it held assets of $9,969 against liabilities of $39k, net assets of -$29k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.