Nola Soccer Academy

Analysis

Nola Soccer Academy is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in April 2013, 13 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 2022, Nola Soccer Academy reported income of $699k and spending of $488k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $255k to $699k (+174%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 76% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nola Soccer Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include Ofc Properties Inc ($699k), Mission Valley Aquatics ($700k) and Newton Trails Inc ($699k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. At year end it held assets of $422k against liabilities of $81, net assets of $422k.