Concord Soccer Association

Analysis

Concord Soccer Association is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 1990, 36 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 June 2023, Concord Soccer Association reported income of $349k and spending of $373k, spending 107% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $295k to $349k (+18%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concord Soccer Association sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 59th percentile within DE. Charities of a similar size with the same main cause include Mars Public Library Association ($349k), Enlisted Leadership Foundation ($349k) and Islamic Center of Queens New York Inc ($349k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. At year end it held assets of $716k against liabilities of $351k, net assets of $365k.