Pennyrile Youth Soccer Association Inc

Analysis

Pennyrile Youth Soccer Association Inc is a registered charity in United States, based in Henderson, KY. It received its IRS tax-exemption ruling in February 1986, 40 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 May 2024, Pennyrile Youth Soccer Association Inc reported income of $106k and spending of $101k, spending 95% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $38k to $106k (+178%), an average of +67% a year. The sharpest change came in the year to May 2023, when income rose by 357%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennyrile Youth Soccer Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within KY. Charities of a similar size with the same main cause include Paramount Education Studies Inc ($106k), Little League Baseball Inc ($106k) and Astoria Restoration Association ($106k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 68% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.