Lexington Soccer Association
Analysis
Lexington Soccer Association is a registered charity in United States, based in Lexington, OH. It received its IRS tax-exemption ruling in February 2019, 7 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 December 2023, Lexington Soccer Association reported income of $82k and spending of $75k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $82k (+7.3%), an average of +7.3% a year. Over the whole period it spent 90% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lexington Soccer Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Champlin Park HS Dugout Club ($82k), Aberdeen Family Y Foundation Inc ($82k) and Qi Tao Inc ($82k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.
Income and spending
Where the income comes from
- Contributions & grants 20%
- Program services 78%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Champlin Park HS Dugout Club | Champlin | $82k |
| Aberdeen Family Y Foundation Inc | Aberdeen | $82k |
| Qi Tao Inc | Brooklyn | $82k |
| Three Rivers Swimming | Beaver Falls | $82k |