Saginaw Township Soccer Association

Analysis

Saginaw Township Soccer Association is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in May 1989, 37 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 November 2023, Saginaw Township Soccer Association reported income of $441k and spending of $469k, spending 106% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $492k to $441k (-10%), an average of -2.7% a year. The sharpest change came in the year to November 2021, when income rose by 255%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Saginaw Township Soccer Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Warrior for Life Fund ($440k), Dolphin Aquatics ($441k) and Friends of the Ashland County Park District ($440k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. At year end it held assets of $1.0m against liabilities of $20k, net assets of $1.0m.