West Virginia Soccer Association Inc

Analysis

West Virginia Soccer Association Inc is a registered charity in United States, based in Beckley, WV. It received its IRS tax-exemption ruling in June 1993, 33 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 August 2023, West Virginia Soccer Association Inc reported income of $620k and spending of $570k, spending 92% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $400k to $620k (+55%), an average of +16% a year. The sharpest change came in the year to August 2022, when income rose by 35%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia Soccer Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within WV. Charities of a similar size with the same main cause include Ministers Fellowship International ($620k), Rural Employment Alternative ($620k) and Kidney Foundation of the Greater Chattanooga Area Inc ($620k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $79k (14% of expenses). Other salaries and wages came to $143k. At year end it held assets of $90k against liabilities of $279k, net assets of -$190k. It reported 9 employees.