Horsham Soccer Association Inc

Analysis

Horsham Soccer Association Inc is a registered charity in United States, based in Horsham, PA. It received its IRS tax-exemption ruling in July 1992, 34 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, Horsham Soccer Association Inc reported income of $824k and spending of $266k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $824k (+221%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 112%. Over the whole period it spent 56% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Horsham Soccer Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Mammoth Amateur Hockey Association ($824k), Georgia Athletic Coaches Association ($824k) and Reno Snaffle Bit Futurity ($823k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. At year end it held assets of $1.3m against liabilities of $286k, net assets of $1.0m.