Springfield Area Soccer Assoc

Analysis

Springfield Area Soccer Assoc is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in October 1994, 32 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 December 2023, Springfield Area Soccer Assoc reported income of $922k and spending of $929k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $786k to $922k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Springfield Area Soccer Assoc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Hope Foundation for Aspiring Youth ($922k), Road Runners Club of America ($924k) and The Tenacity Project Inc ($922k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 7.0% of the total. At year end it held assets of $649k against liabilities of $345k, net assets of $304k. It reported 3 employees.