Westfield Youth Soccer Association Inc

Analysis

Westfield Youth Soccer Association Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in August 1988, 38 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 June 2024, Westfield Youth Soccer Association Inc reported income of $5.3m and spending of $5.1m, spending 96% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.9m to $5.3m (+36%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westfield Youth Soccer Association Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Tsunami Volleyball Inc ($5.3m), Florida National Parks Association Inc ($5.4m) and Tenn Secondary School Athletic Assn ($5.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10.0% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $231k (4.5% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $2.5m against liabilities of $96k, net assets of $2.4m. It reported 104 employees.