Hopkinton Youth Soccer Inc

Analysis

Hopkinton Youth Soccer Inc is a registered charity in United States, based in Hopkinton, MA. It received its IRS tax-exemption ruling in April 1991, 35 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, Hopkinton Youth Soccer Inc reported income of $537k and spending of $526k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $449k to $537k (+19%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hopkinton Youth Soccer Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Charlevoix Area Community Pool ($536k), Des Moines Area Sports Commission ($537k) and Mid Michigan Gymnastics Booster Club ($536k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. At year end it held assets of $282k against liabilities of $286k, net assets of -$4,390.