Lake Country Youth Soccer Inc

Analysis

Lake Country Youth Soccer Inc is a registered charity in United States, based in Springfield, MO. It received its IRS tax-exemption ruling in April 1986, 40 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 June 2023, Lake Country Youth Soccer Inc reported income of $1.2m and spending of $1.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $853k to $1.2m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2023, when income rose by 87%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Country Youth Soccer Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Pleasanton Seahawks Inc ($1.2m), Streethopetn ($1.2m) and Columbus United Soccer Club ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $93k (6.9% of expenses). Other salaries and wages came to $420k. At year end it held assets of $470k against liabilities of $456k, net assets of $14k. It reported 67 employees.