Sharon Soccer Association Inc

Analysis

Sharon Soccer Association Inc is a registered charity in United States, based in Sharon, MA. It received its IRS tax-exemption ruling in December 1993, 33 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 June 2022, Sharon Soccer Association Inc reported income of $197k and spending of $203k, spending 103% of its income. Across the 2 years on record, from June 2021 to June 2022, income grew from $101k to $197k (+95%), an average of +95% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sharon Soccer Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Little League Baseball Inc ($197k), Pickleball Lincoln Inc ($197k) and BBD Boosters ($197k).

On its Form 990-EZ for the period ending June 2022, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $307k against liabilities of $90k, net assets of $217k.