Iowa Soccer Association

Analysis

Iowa Soccer Association is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in August 1989, 37 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 July 2023, Iowa Soccer Association reported income of $1.6m and spending of $1.6m, spending 102% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.6m to $1.6m (-4.1%), an average of -1.0% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iowa Soccer Association sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Fairfield Arts & Convention Center ($1.5m), Involved Citizens Enterprises Inc ($1.6m) and Kids-N-Camp Fund Inc ($1.5m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $115k (7.3% of expenses). Other salaries and wages came to $437k. At year end it held assets of $632k against liabilities of $179k, net assets of $453k. It reported 10 employees.