Polson Youth Soccer Association Inc

Analysis

Polson Youth Soccer Association Inc is a registered charity in United States, based in Polson, MT. It received its IRS tax-exemption ruling in November 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Polson Youth Soccer Association Inc reported income of $71k and spending of $77k, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $40k to $71k (+78%), an average of +15% a year. The sharpest change came in the year to August 2021, when income rose by 49%. Over the whole period it spent 135% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Polson Youth Soccer Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MT. Charities of a similar size with the same main cause include Port Washington Police Athletic League Inc ($71k), Strengthen Teens and Reach Inner City Vital Environments ($71k) and Naugatuck Youth Soccer Inc ($71k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $597k against liabilities of $162k, net assets of $435k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.