Soccer Assoc for Youth

Analysis

Soccer Assoc for Youth is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 1972, 54 years ago. 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 October 2023, Soccer Assoc for Youth reported income of $125k and spending of $120k, spending 96% of its income. Across the 3 years on record, from October 2021 to October 2023, income grew from $48k to $125k (+160%), an average of +61% a year. The sharpest change came in the year to October 2022, when income rose by 120%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Soccer Assoc for Youth sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 38th percentile within NM. Charities of a similar size with the same main cause include Mad River Path Association ($125k), Midwest Boston Terrier Rescue ($125k) and Southern Business Administration Association ($125k).

On its Form 990-EZ for the period ending October 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $47k against liabilities of $89k, net assets of -$42k.