Brazilian United Soccer Academy Inc

Analysis

Brazilian United Soccer Academy Inc is a registered charity in United States, based in Stevensville, MD. It received its IRS tax-exemption ruling in May 2016, 10 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 2022, Brazilian United Soccer Academy Inc reported income of $263k and spending of $249k, spending 95% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $202k to $263k (+30%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brazilian United Soccer Academy Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within MD. Charities of a similar size with the same main cause include Elkhart Flames Soccer Club ($263k), Atlanta Colt Youth Association Inc ($264k) and Eastern US Music Camp Inc ($263k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.