Cove Communities Youth Soccer Association

Analysis

Cove Communities Youth Soccer Association is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in June 1995, 31 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 January 2024, Cove Communities Youth Soccer Association reported income of $283k and spending of $267k, spending 94% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $234k to $283k (+21%), an average of +4.9% a year. The sharpest change came in the year to January 2023, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cove Communities Youth Soccer Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Hanover Hockey Association Inc ($283k), Northern Columbia Community and Cultural Center ($283k) and Rocky Mountain Football Association Incorpration ($283k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.