Inland Youth Soccer Education Program

Analysis

Inland Youth Soccer Education Program is a registered charity in United States, based in Eastvale, CA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Inland Youth Soccer Education Program reported income of $1.9m and spending of $2.3m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $1.9m (-51%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 68%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Inland Youth Soccer Education Program sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Bismarck Hockey Boosters Inc ($1.9m), Pegasus Farm ($1.9m) and Citrus County Fair Association Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $153k (6.6% of expenses). Other salaries and wages came to $666k. At year end it held assets of $1.5m against liabilities of $684k, net assets of $775k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.