Beyond Soccer Inc

Analysis

Beyond Soccer Inc is a registered charity in United States, based in Lawrence, MA. It received its IRS tax-exemption ruling in August 2011, 15 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 June 2022, Beyond Soccer Inc reported income of $729k and spending of $716k, spending 98% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $422k to $729k (+73%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Beyond Soccer Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Tampa Bay Junior Hockey Inc ($728k), Mohan Skiing & Boarding ($729k) and Valley Athletic Association ($727k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 96% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $139k (19% of expenses). Other salaries and wages came to $232k. At year end it held assets of $100k against liabilities of $18k, net assets of $82k. It reported 56 employees.