Traverse Bay Area Youth Soccer Inc

Analysis

Traverse Bay Area Youth Soccer Inc is a registered charity in United States, based in Traverse City, MI. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Traverse Bay Area Youth Soccer Inc reported income of $862k and spending of $838k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $649k to $862k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2021, when income rose by 598%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Traverse Bay Area Youth Soccer Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Glen-Allen Youth Athletic Assoc ($862k), Oregon State Capitol Foundation ($862k) and Blue Mountain Wildlife ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Other salaries and wages came to $198k. At year end it held assets of $1.6m against liabilities of $516k, net assets of $1.1m.