Tri-Cities Soccer Association

Analysis

Tri-Cities Soccer Association is a registered charity in United States, based in Saint Charles, IL. It received its IRS tax-exemption ruling in November 2008, 18 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 May 2024, Tri-Cities Soccer Association reported income of $710k and spending of $615k, spending 87% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $513k to $710k (+38%), an average of +6.7% a year. The sharpest change came in the year to May 2024, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tri-Cities Soccer Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include International Mountain Bicycling Association ($710k), Lions Camp Merrick Inc ($710k) and Ridgefield Regional Aquatic Club Inc ($710k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $53k (8.7% of expenses). Other salaries and wages came to $134k. At year end it held assets of $345k against liabilities of $0, net assets of $345k. It reported 3 employees.