Soccer Assoc for Youth

Analysis

Soccer Assoc for Youth is a registered charity in United States, based in Niceville, FL. It received its IRS tax-exemption ruling in April 1972, 54 years ago. 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, Soccer Assoc for Youth reported income of $99k and spending of $102k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $99k (-8.9%), an average of -8.9% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soccer Assoc for Youth sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Guthrie Educational Foundation Inc ($99k), Little League Baseball Inc ($99k) and Dedham Choral Society Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.