Arlington Soccer Association Inc

Analysis

Arlington Soccer Association Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in October 1973, 53 years ago. 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 June 2023, Arlington Soccer Association Inc reported income of $7.6m and spending of $7.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $7.6m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Arlington Soccer Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Community Christian School Inc ($7.6m), Parent Child Center of Tulsa Inc ($7.6m) and St Josephs Home ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $143k (1.9% of expenses). Other salaries and wages came to $4.2m. It paid $130k in professional fundraising fees. At year end it held assets of $5.9m against liabilities of $2.9m, net assets of $3.0m. It reported 143 employees.