Alexandria Soccer Association Inc

Analysis

Alexandria Soccer Association Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in October 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 June 2023, Alexandria Soccer Association Inc reported income of $6.6m and spending of $5.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $6.6m (+92%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alexandria Soccer Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Pikes Peak Habitat for Humanity Inc ($6.6m), Southwest Wisconsin Workforce Development Board Inc ($6.6m) and Charlton School ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $365k (6.3% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $7.1m against liabilities of $1.8m, net assets of $5.3m. It reported 87 employees.