Houma Terrebonne Soccer Association

Analysis

Houma Terrebonne Soccer Association is a registered charity in United States, based in Hcuma, LA. It received its IRS tax-exemption ruling in July 1998, 28 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 2023, Houma Terrebonne Soccer Association reported income of $414k and spending of $370k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $235k to $414k (+76%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 59%. 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, Houma Terrebonne Soccer Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Foundation for Interscholastic Youth Athletics ($414k), Alpha Performance Volleyball Club Inc ($414k) and Chino Hills Aquatics ($414k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $83k (23% of expenses). At year end it held assets of $516k against liabilities of $33k, net assets of $483k. It reported 2 employees.