One World Soccer of Texas

Analysis

One World Soccer of Texas is a registered charity in United States, based in Pflugerville, TX. It received its IRS tax-exemption ruling in January 2023, 3 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, One World Soccer of Texas reported income of $257k and spending of $267k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $257k (+97%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, One World Soccer of Texas sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include P Graham Dunn Park Inc ($257k), LFC Western Maryland Inc ($257k) and Katy Girls Softball Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.