Madison Area Youth Soccer Association

Analysis

Madison Area Youth Soccer Association is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in April 1994, 32 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 2023, Madison Area Youth Soccer Association reported income of $976k and spending of $1.2m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $976k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to June 2022, when income rose by 96%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Madison Area Youth Soccer Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Franciscan Peacemakers Inc ($975k), The Crystal Garden Childrens Learning Center of Hyannis Inc ($976k) and American Pediatric Society Inc ($975k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $116k (9.4% of expenses). Other salaries and wages came to $215k. At year end it held assets of $2.7m against liabilities of $841k, net assets of $1.9m. It reported 47 employees.