East River Soccer Association Inc

Analysis

East River Soccer Association Inc is a registered charity in United States, based in Bluefield, WV. It received its IRS tax-exemption ruling in February 2019, 7 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, East River Soccer Association Inc reported income of $254k and spending of $255k, spending 100% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $164k to $254k (+55%), an average of +16% a year. The sharpest change came in the year to May 2022, when income rose by 38%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East River Soccer Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within WV. Charities of a similar size with the same main cause include Wakefield Wolverine Athletics Booster Club ($254k), Ridge Baseball Club ($254k) and Boulder Poseidons Swim Team ($254k).

On its Form 990 for the period ending May 2023, revenue came from program service revenue 68% of the total. Other salaries and wages came to $77k. At year end it held assets of $316k against liabilities of $6,230, net assets of $310k. It reported 20 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.