Street Soccer USA Inc

Analysis

Street Soccer USA Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Street Soccer USA Inc reported income of $3.4m and spending of $3.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $3.4m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Street Soccer USA Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include New Mexico Immigrant Law Center ($3.4m), Mount Kisco Child Care Center Inc ($3.4m) and Palliative Care of the Bluegrass ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $362k (11% of expenses). Other salaries and wages came to $611k. At year end it held assets of $1.1m against liabilities of $527k, net assets of $605k. It reported 12 employees.