Soccer Kids of America

Analysis

Soccer Kids of America is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 2013, 13 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 December 2023, Soccer Kids of America reported income of $219k and spending of $184k, spending 84% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $235k to $219k (-6.5%), an average of -3.3% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. 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, Soccer Kids of America sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Shoreline Greenway Trail Inc ($219k), Midwest Section Pga Foundation ($220k) and Steel City Rowing Corporation ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $82k (45% of expenses). At year end it held assets of $83k against liabilities of $2,678, net assets of $80k.