Nebraska State Soccer Association Inc

Analysis

Nebraska State Soccer Association Inc is a registered charity in United States, based in Boystown, NE. It received its IRS tax-exemption ruling in August 1983, 43 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Nebraska State Soccer Association Inc reported income of $1.8m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.3m to $1.8m (+40%), an average of +8.9% a year. The sharpest change came in the year to August 2021, when income rose by 85%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nebraska State Soccer Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NE. Charities of a similar size with the same main cause include Imperial Soccer Club ($1.8m), World Baseball Academy Inc ($1.8m) and Watford City Community Builders ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $94k (5.2% of expenses). Other salaries and wages came to $272k. At year end it held assets of $628k against liabilities of $108k, net assets of $520k. It reported 8 employees.