Lake of the Ozarks Soccer Association

Analysis

Lake of the Ozarks Soccer Association is a registered charity in United States, based in Linn Creek, MO. It received its IRS tax-exemption ruling in June 1995, 31 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, Lake of the Ozarks Soccer Association reported income of $167k and spending of $139k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $167k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake of the Ozarks Soccer Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within MO. Charities of a similar size with the same main cause include Grand Blanc Baseball Club ($167k), Fruitland Falcons Football Inc ($167k) and Austin Athletics Scholarship Foundation ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.