Stafford Area Soccer Association Inc

Analysis

Stafford Area Soccer Association Inc is a registered charity in United States, based in Stafford, VA. It received its IRS tax-exemption ruling in December 1995, 31 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 June 2024, Stafford Area Soccer Association Inc reported income of $1.9m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $1.9m (+83%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stafford Area Soccer Association Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within VA. Charities of a similar size with the same main cause include Folsom Soccer Club ($1.9m), Excel Aquatics ($1.9m) and Gulls Amateur Hockey Association ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 94% of the total. Other salaries and wages came to $887k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 42 employees.