Southwest Indiana Soccer Assoc

Analysis

Southwest Indiana Soccer Assoc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in June 1991, 35 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, Southwest Indiana Soccer Assoc reported income of $82k and spending of $66k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $143k to $82k (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. 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, Southwest Indiana Soccer Assoc 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 29th percentile within IN. Charities of a similar size with the same main cause include Wisconsin River Trail Organization ($82k), Two Rivers Aquatics at Palmer ($82k) and Indiana High School Wrestling Coaches Association Inc ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 97% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.