Owatonna Soccer Association

Analysis

Owatonna Soccer Association is a registered charity in United States, based in Owatonna, MN. It received its IRS tax-exemption ruling in April 1999, 27 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, Owatonna Soccer Association reported income of $180k and spending of $162k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $387k to $180k (-54%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Owatonna Soccer Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Route 66 Reunion ($180k), Club South Volleyball ($180k) and North Hills Hockey Club Inc ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.