Barrington Area Soccer Association Ltd

Analysis

Barrington Area Soccer Association Ltd is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in March 1993, 33 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 March 2024, Barrington Area Soccer Association Ltd reported income of $1.5m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.4m to $1.5m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to March 2022, when income rose by 43%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Barrington Area Soccer Association Ltd sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Gabl Youth Sports Foundation Inc ($1.5m), 4atx Foundation ($1.5m) and Florida United Numismatists Inc ($1.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Other salaries and wages came to $339k. At year end it held assets of $842k against liabilities of $36k, net assets of $806k. It reported 4 employees.