Fairmount Soccer Association

Analysis

Fairmount Soccer Association is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1995, 31 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, Fairmount Soccer Association reported income of $469k and spending of $389k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $469k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairmount Soccer Association sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Illinois Futbol Club ($469k), Together for Wichita Foundation ($469k) and North Platte Legion Baseball ($469k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $236k against liabilities of $3,286, net assets of $233k.