Wadsworth Amateur Soccer Association

Analysis

Wadsworth Amateur Soccer Association is a registered charity in United States, based in Wadsworth, OH. It received its IRS tax-exemption ruling in August 2023, 3 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 November 2023, Wadsworth Amateur Soccer Association reported income of $143k and spending of $136k, spending 95% of its income. Across the 2 years on record, from November 2022 to November 2023, income grew from $82k to $143k (+75%), an average of +75% a year. The sharpest change came in the year to November 2023, when income rose by 75%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wadsworth Amateur Soccer Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Brandon Bears Football & Cheerleading League Inc ($143k), Seattle Rugby Football Club ($143k) and Eastern Panhandle Inter County Soccer Club ($143k).

On its Form 990-EZ for the period ending November 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.