Monroe County Youth Soccer Inc

Analysis

Monroe County Youth Soccer Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in May 1996, 30 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 June 2023, Monroe County Youth Soccer Inc reported income of $599k and spending of $619k, spending 103% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $359k to $599k (+67%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monroe County Youth Soccer Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Great Bridge Boys Baseball Incorporated ($599k), Community Yoga Fund Inc ($599k) and Joy of the People Foundation ($599k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 92% of the total. Other salaries and wages came to $169k. At year end it held assets of $334k against liabilities of $5,322, net assets of $329k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.