Lakewood Soccer Association Inc

Analysis

Lakewood Soccer Association Inc is a registered charity in United States, based in Lakewood, OH. It received its IRS tax-exemption ruling in January 1984, 42 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, Lakewood Soccer Association Inc reported income of $70k and spending of $66k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $70k (+6.5%), an average of +6.5% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakewood Soccer Association Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Cougar Council of Vernon Hills High School Inc ($70k), Virginia Congress of Parents and Teachers ($70k) and Wall Community First Aid Squad Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.