Yardley Morrisville Soccer Inc

Analysis

Yardley Morrisville Soccer Inc is a registered charity in United States, based in Fallsington, PA. It received its IRS tax-exemption ruling in May 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, Yardley Morrisville Soccer Inc reported income of $2.5m and spending of $1.9m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $913k to $2.5m (+179%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Yardley Morrisville Soccer Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include United States Judo Inc ($2.5m), Pettit National Ice Center Inc ($2.5m) and Rockingham County Fair Association Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $59k (3.0% of expenses). Other salaries and wages came to $189k. At year end it held assets of $2.7m against liabilities of $778k, net assets of $2.0m. It reported 6 employees.