Alexandria Area Soccer Association

Analysis

Alexandria Area Soccer Association is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in May 1997, 29 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 February 2024, Alexandria Area Soccer Association reported income of $94k and spending of $113k, spending 120% of what it took in. Across the 2 years on record, from February 2023 to February 2024, income fell from $165k to $94k (-43%), an average of -43% a year. The sharpest change came in the year to February 2024, when income dropped by 43%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Alexandria Area Soccer Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include Westborough Youth Basketball Association ($94k), Heritage Youth Sports Foundation Inc ($94k) and Bay County Youth Soccer Association Inc ($94k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 2.8% and program service revenue 95% of the total. At year end it held assets of $154k against liabilities of $96k, net assets of $58k.