Newburgh Youth Soccer Inc

Analysis

Newburgh Youth Soccer Inc is a registered charity in United States, based in Newburgh, IN. It received its IRS tax-exemption ruling in December 2024, 2 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, Newburgh Youth Soccer Inc reported income of $67k and spending of $28k, leaving 58% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $112k to $67k (-40%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Newburgh Youth Soccer Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include Chardon Storm Fastpitch Inc ($67k), Tanana Valley Sportsmens Foundation Inc ($67k) and Arlington Football League ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $103k against liabilities of $0, net assets of $103k.