Central Minnesota Youth Soccer Association
Analysis
Central Minnesota Youth Soccer Association is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in March 1984, 42 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 September 2023, Central Minnesota Youth Soccer Association reported income of $419k and spending of $472k, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $220k to $419k (+91%), an average of +18% a year. The sharpest change came in the year to September 2021, when income rose by 177%. Over the whole period it spent 106% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Minnesota Youth Soccer Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Stone City Alliance for Recovery & Hope Inc ($419k), Sweeten Life Systems ($419k) and Northwest Associated Arts ($419k).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.9% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $116k (25% of expenses). At year end it held assets of $173k against liabilities of $529, net assets of $172k. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.9%
- Program services 80%
- Other 16%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Stone City Alliance for Recovery & Hope Inc | Bedford | $419k |
| Sweeten Life Systems | Cincinnati | $419k |
| Northwest Associated Arts | Seattle | $419k |
| Lancer Fund | Delran | $419k |