Centre Soccer Association Inc

Analysis

Centre Soccer Association Inc is a registered charity in United States, based in State College, PA. It received its IRS tax-exemption ruling in February 1999, 27 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 June 2023, Centre Soccer Association Inc reported income of $293k and spending of $248k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $244k to $293k (+20%), an average of +6.3% a year. The sharpest change came in the year to June 2022, when income rose by 174%. 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, Centre Soccer Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Morton Grove Baseball & Softball Association ($293k), Southwest Florida Swim Club Inc ($293k) and Huntley Blue Travel Baseball Organization ($293k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.