Ohio Elite Soccer Academy Kentucky Inc

Analysis

Ohio Elite Soccer Academy Kentucky Inc is a registered charity in United States, based in Crestwood, KY. It received its IRS tax-exemption ruling in October 2019, 7 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, Ohio Elite Soccer Academy Kentucky Inc reported income of $104k and spending of $310k, spending 298% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $302k to $104k (-66%), an average of -19% a year. The sharpest change came in the year to December 2019, when income rose by 110%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ohio Elite Soccer Academy Kentucky Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within KY. Charities of a similar size with the same main cause include Greenvillage Youth League Incorporated ($104k), Sumter Soccer Club ($104k) and Valley Gymnastics Association ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 91% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.