Spearfish Soccer Association Inc

Analysis

Spearfish Soccer Association Inc is a registered charity in United States, based in Spearfish, SD. It received its IRS tax-exemption ruling in September 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 June 2023, Spearfish Soccer Association Inc reported income of $131k and spending of $120k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $103k to $131k (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spearfish Soccer Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within SD. Charities of a similar size with the same main cause include South Coast Lacrosse Association ($131k), Ragged Mountain Recreation Area Foundation ($131k) and Buddy Werner League Vail Beaver Creek Inc ($131k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.