Soccer Stars Foundation

Analysis

Soccer Stars Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2013, 13 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soccer Stars Foundation reported income of $98k and spending of $6,043, leaving 94% of income unspent that year. Across the 5 years on record, from June 2020 to December 2023, income fell from $214k to $98k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income rose by 10771%. Over the whole period it spent 79% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Soccer Stars Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Tiger Boosters ($98k), Sincerely Royal ($98k) and C C U Parent Assoc ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. At year end it held assets of $275k against liabilities of $420k, net assets of -$146k.