United States Soccer Foundation Inc

Analysis

United States Soccer Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, United States Soccer Foundation Inc reported income of $14.8m and spending of $14.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.7m to $14.8m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2020, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United States Soccer Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Western National Parks Association ($14.6m), Fresh Air Fund ($15.0m) and San Mateo County Expostion and Fair Association ($14.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $1.1m (7.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $62.2m against liabilities of $5.6m, net assets of $56.6m. It reported 31 employees.