Sterling Youth Soccer Assc

Analysis

Sterling Youth Soccer Assc is a registered charity in United States, based in Sterling, VA. It received its IRS tax-exemption ruling in November 1977, 49 years ago. 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 2021, Sterling Youth Soccer Assc reported income of $489k and spending of $361k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $370k to $489k (+32%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sterling Youth Soccer Assc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within VA. Charities of a similar size with the same main cause include El Cerrito Pre-School Center ($489k), California Careforce ($489k) and Tin Can Sailors Inc ($489k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $45k (13% of expenses). Other salaries and wages came to $17k. At year end it held assets of $327k against liabilities of $27k, net assets of $300k. It reported 3 employees.