Olmsted Falls Soccer Association

Analysis

Olmsted Falls Soccer Association is a registered charity in United States, based in Olmsted Falls, OH. It received its IRS tax-exemption ruling in December 1981, 45 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, Olmsted Falls Soccer Association reported income of $121k and spending of $143k, spending 118% of what it took in. Across the 2 years on record, from November 2022 to November 2023, income grew from $108k to $121k (+12%), an average of +12% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Olmsted Falls Soccer Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include South Florida Flag Football League Inc ($121k), Eric Douglas Dettenrieder Memorial Fund ($121k) and Whysl Inc ($121k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 0.9% and program service revenue 91% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.