Roanoke Valley Youth Soccer Club Inc

Analysis

Roanoke Valley Youth Soccer Club Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in May 1987, 39 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Roanoke Valley Youth Soccer Club Inc reported income of $971k and spending of $1.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $971k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Roanoke Valley Youth Soccer Club Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include World Cup Dreams Foundation ($971k), Montana State Golf Association ($971k) and Guilderland Soccer Club ($971k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.2% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $310k (30% of expenses). At year end it held assets of $1.5m against liabilities of $298k, net assets of $1.2m. It reported 11 employees.