Solanco Youth Soccer Association

Analysis

Solanco Youth Soccer Association is a registered charity in United States, based in Quarryville, PA. It received its IRS tax-exemption ruling in August 2005, 21 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 December 2023, Solanco Youth Soccer Association reported income of $91k and spending of $97k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $91k (+14%), an average of +14% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Solanco Youth Soccer Association sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Hot Springs Memorial Hospital Foundation Inc ($91k), Consolidated Communications Foundation ($91k) and Society for Promoting Theological Education ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.