Loudoun Youth Soccer Association

Analysis

Loudoun Youth Soccer Association is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in November 2024, 2 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 May 2023, Loudoun Youth Soccer Association reported income of $9.5m and spending of $9.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to May 2023, income grew from $7.4m to $9.5m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 248%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Loudoun Youth Soccer Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include United States Sailing Association Inc ($9.5m), Southern California Tennis Association ($9.5m) and Arizona Golf Community Foundation ($9.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.6% and program service revenue 88% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $10.2m against liabilities of $6.0m, net assets of $4.2m. It reported 50 employees.