United Soccer Foundation Inc

Analysis

United Soccer Foundation Inc is a registered charity in United States, based in Heber City, UT. It received its IRS tax-exemption ruling in July 2014, 12 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 (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, United Soccer Foundation Inc reported income of $185k and spending of $201k, spending 108% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $242k to $185k (-24%), an average of -8.6% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United Soccer Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within UT. Charities of a similar size with the same main cause include Virginia Dressage Association Northern Virginia Chapter ($185k), Kick2build Organization ($185k) and Bridgeport Field of Dreams Foundation Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $42k (21% of expenses). At year end it held assets of $66k against liabilities of $0, net assets of $66k.