Indiana Soccer Association Inc

Analysis

Indiana Soccer Association Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in November 2005, 21 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, Indiana Soccer Association Inc reported income of $2.8m and spending of $2.5m, spending 89% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.7m to $2.8m (+3.7%), an average of +0.9% a year. The sharpest change came in the year to July 2021, when income rose by 46%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indiana Soccer Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Southeastern Hockey Officials Association Inc ($2.8m), North Carolina Youth Soccer Association Inc ($2.8m) and Pictona at Holly Hill Inc ($2.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $150k (6.1% of expenses). Other salaries and wages came to $640k. At year end it held assets of $3.5m against liabilities of $369k, net assets of $3.1m. It reported 26 employees.