Canton Youth Soccer Association Inc

Analysis

Canton Youth Soccer Association Inc is a registered charity in United States, based in Canton, CT. It received its IRS tax-exemption ruling in May 2010, 16 years ago. 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, Canton Youth Soccer Association Inc reported income of $172k and spending of $170k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $172k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canton Youth Soccer Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Southwest Virginia Public Education Foundation Inc ($172k), Atherton Police Activities League ($172k) and Joseph Richey House Inc ($172k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 53% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.