San Marcos Youth Soccer

Analysis

San Marcos Youth Soccer is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in September 2011, 15 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, San Marcos Youth Soccer reported income of $1.2m and spending of $1.1m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $656k to $1.2m (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Marcos Youth Soccer sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Friends of the Levitt Pavilion -Arlington ($1.2m), Monterey County Airshow Assn Inc ($1.2m) and American Sail Training Association ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1,500 (0.1% of expenses). Other salaries and wages came to $253k. At year end it held assets of $704k against liabilities of $27k, net assets of $677k. It reported 4 employees.