Mudsock Youth Soccer Inc
Analysis
Mudsock Youth Soccer Inc is a registered charity in United States, based in Fishers, IN. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Mudsock Youth Soccer Inc reported income of $279k and spending of $270k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $201k to $279k (+39%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 91% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mudsock Youth Soccer 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 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Tye Economic Development Corporation ($279k), Biles World Champions Gymnastics Foundation ($279k) and Bay Area Asian Sports ($279k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.
Income and spending
Where the income comes from
- Contributions & grants 3.5%
- Program services 96%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tye Economic Development Corporation | Tye | $279k |
| Biles World Champions Gymnastics Foundation | Spring | $279k |
| Bay Area Asian Sports | San Francisco | $279k |
| South Eastern Aquatics Inc | Sturtevant | $279k |