Herndon Youth Soccer Inc

Analysis

Herndon Youth Soccer Inc is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in May 1980, 46 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Herndon Youth Soccer Inc reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $1.3m (-1.8%), an average of -0.6% a year. The sharpest change came in the year to June 2021, when income dropped by 16%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Herndon Youth Soccer Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Camp Edalia Inc ($1.3m), Sunkist Kids Wrestling Club Inc ($1.3m) and Weber Cultural Legacy Foundation ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $35k (2.7% of expenses). Other salaries and wages came to $144k. At year end it held assets of $797k against liabilities of $374k, net assets of $423k. It reported 4 employees.