Onslow Classic Soccer Association Inc

Analysis

Onslow Classic Soccer Association Inc is a registered charity in United States, based in Maysville, NC. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Onslow Classic Soccer Association Inc reported income of $131k and spending of $132k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $133k to $131k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 107% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Onslow Classic Soccer Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NC. Charities of a similar size with the same main cause include Cy-Falls Athletic Booster Club ($131k), Spur N Up Hope Inc ($131k) and Success Through Sports Foundation ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 87% of the total. At year end it held assets of $368k against liabilities of $0, net assets of $368k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.