Ithaca Youth Soccer Club Inc

Analysis

Ithaca Youth Soccer Club Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in June 2003, 23 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 July 2023, Ithaca Youth Soccer Club Inc reported income of $438k and spending of $414k, spending 95% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $254k to $438k (+72%), an average of +72% a year. The sharpest change came in the year to July 2023, when income rose by 72%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ithaca Youth Soccer Club Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include The Jason Kidd Foundation ($438k), North Arlington Educational Athletic Foundation ($438k) and Pure Aloha Volleyball Club ($438k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.