Cloquet Youth Soccer Association in C

Analysis

Cloquet Youth Soccer Association in C is a registered charity in United States, based in Cloquet, MN. It received its IRS tax-exemption ruling in March 2023, 3 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 December 2023, Cloquet Youth Soccer Association in C reported income of $113k and spending of $80k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2018 to December 2023, income grew from $103k to $113k (+9.0%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cloquet Youth Soccer Association in C sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Emeryville Celebration of the Arts Inc ($113k), Foster City Youth Softballassociation ($113k) and Ruston Youth Baseball Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.