Brea Soccer Association

Analysis

Brea Soccer Association is a registered charity in United States, based in Brea, CA. It received its IRS tax-exemption ruling in January 1977, 49 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 January 2024, Brea Soccer Association reported income of $1.3m and spending of $1.2m, spending 94% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $971k to $1.3m (+37%), an average of +8.1% a year. The sharpest change came in the year to January 2022, when income rose by 91%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brea Soccer Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Iyengar Yoga Association of Greater New York ($1.3m), Laporte County Agricultural Association ($1.3m) and Elizabeth Buffum Chace Center ($1.3m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 0.8% and program service revenue 94% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.