Royal Oak Youth Soccer Assoc

Analysis

Royal Oak Youth Soccer Assoc is a registered charity in United States, based in Royal Oak, MI. It received its IRS tax-exemption ruling in September 1979, 47 years ago. 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 2024, Royal Oak Youth Soccer Assoc reported income of $1.7m and spending of $1.5m, spending 91% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $1.1m to $1.7m (+51%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 86%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Royal Oak Youth Soccer Assoc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Monroe County Historical Society Inc ($1.7m), New World Center Foundation Inc ($1.7m) and Louisiana Resource Center for Educators ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $191k. At year end it held assets of $430k against liabilities of $12k, net assets of $418k. It reported 3 employees.