Tucson Soccer Academy

Analysis

Tucson Soccer Academy is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2023, Tucson Soccer Academy reported income of $2.4m and spending of $2.2m, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.9m to $2.4m (+26%), an average of +6.1% a year. The sharpest change came in the year to May 2023, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tucson Soccer Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include South Florida Sports Foundation Inc ($2.4m), Schooltalk Inc ($2.4m) and Clarence E Phillips Ascend Organization Inc ($2.4m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 17% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $251k (11% of expenses). Other salaries and wages came to $305k. At year end it held assets of $474k against liabilities of $1,388, net assets of $473k. It reported 12 employees.