Clearfield Soccer Association Inc

Analysis

Clearfield Soccer Association Inc is a registered charity in United States, based in Clearfield, PA. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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 April 2023, Clearfield Soccer Association Inc reported income of $53k and spending of $62k, spending 118% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $103k to $53k (-49%), an average of -15% a year. The sharpest change came in the year to April 2022, when income rose by 135%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clearfield Soccer Association Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Conscious Leadership Guild ($53k), Spaulding Hockey Boosters ($53k) and Fremont Opera House Inc ($53k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 27% and program service revenue 47% of the total. At year end it held assets of $625k against liabilities of $0, net assets of $625k.

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.