Hendersonville Soccer Foundation Inc

Analysis

Hendersonville Soccer Foundation Inc is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hendersonville Soccer Foundation Inc reported income of $117k and spending of $84k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $111k to $117k (+4.8%), an average of +4.8% a year. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hendersonville Soccer Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Tennessee Lineworker Lifeline Fund ($116k), Rising Sun-Ohio County Public School Endowment Corporation ($117k) and Youthserv Academy Inc ($116k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 45% of the total. At year end it held assets of $245k against liabilities of $79k, net assets of $166k.