West Elk Soccer Association

Analysis

West Elk Soccer Association is a registered charity in United States, based in Crested Butte, CO. 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, West Elk Soccer Association reported income of $361k and spending of $341k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $264k to $361k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 27%. 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, West Elk Soccer Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Burlington Football Club Inc ($361k), Lancaster-Depew Baseball League Inc ($361k) and Boerne Youth Baseball Athletic Association Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $87k (26% of expenses). Other salaries and wages came to $2,000. At year end it held assets of $111k against liabilities of $32k, net assets of $79k.