Bridgeport Soccer Association Inc

Analysis

Bridgeport Soccer Association Inc is a registered charity in United States, based in Bridgeport, WV. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Bridgeport Soccer Association Inc reported income of $471k and spending of $477k, spending 101% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $303k to $471k (+56%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bridgeport Soccer Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WV. Charities of a similar size with the same main cause include One Can Help Inc ($471k), Rotary Housing Corporation ($472k) and The Orange Duffel Bag Initiative Inc ($471k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $121k. At year end it held assets of $21k against liabilities of $37k, net assets of -$16k. It reported 3 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.