Munay Soccer Academy

Analysis

Munay Soccer Academy is a registered charity in United States, based in Ossining, NY. It received its IRS tax-exemption ruling in July 2011, 15 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, Munay Soccer Academy reported income of $106k and spending of $107k, spending 101% of its income. Across the 3 years on record, from June 2019 to June 2023, income fell from $202k to $106k (-48%), an average of -28% a year. The sharpest change came in the year to June 2022, when income dropped by 48%. 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, Munay Soccer Academy sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Bent Tree West Swim & Tennis Club Inc ($106k), Sioux County Sportsmens Club ($106k) and Plymouth New Hope Little League ($106k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $11k against liabilities of $8,000, net assets of $3,122.