Fairmont Soccer Association Inc

Analysis

Fairmont Soccer Association Inc is a registered charity in United States, based in Fairmont, MN. It received its IRS tax-exemption ruling in September 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fairmont Soccer Association Inc reported income of $87k and spending of $65k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $87k (-1.7%), an average of -1.7% a year. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairmont Soccer Association Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within MN. Charities of a similar size with the same main cause include Shawnee Soccer Association ($87k), Yogacare ($87k) and Sherburne County Snowmobile Trail Association ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 59% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.