Westlake Soccer Association

Analysis

Westlake Soccer Association is a registered charity in United States, based in Westlake, OH. It received its IRS tax-exemption ruling in August 2007, 19 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 July 2023, Westlake Soccer Association reported income of $244k and spending of $209k, spending 86% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $80k to $244k (+203%), an average of +45% a year. The sharpest change came in the year to July 2021, when income rose by 130%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westlake Soccer Association sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Houston FC ($244k), Ballston Area Recreation Commission Inc ($244k) and Flemington Raritan Baseball Inc ($244k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $280k against liabilities of $1,464, net assets of $279k.