Temecula Valley Soccer Association Inc

Analysis

Temecula Valley Soccer Association Inc is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in November 1993, 33 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 December 2023, Temecula Valley Soccer Association Inc reported income of $325k and spending of $338k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $416k to $325k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Temecula Valley Soccer Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include John S Thorner Charitable Family Trust ($325k), University Medical Branch ($325k) and Alpha and Omega Freedom Ministries Incorporated ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $5,461 (1.6% of expenses). At year end it held assets of $214k against liabilities of $0, net assets of $214k.