North Carolina Youth Soccer Association Inc

Analysis

North Carolina Youth Soccer Association Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 1984, 42 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 2023, North Carolina Youth Soccer Association Inc reported income of $2.8m and spending of $2.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.8m (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Carolina Youth Soccer Association Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Indiana Soccer Association Inc ($2.8m), Camp Timberline ($2.8m) and Southeastern Hockey Officials Association Inc ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Other salaries and wages came to $735k. At year end it held assets of $2.0m against liabilities of $651k, net assets of $1.3m. It reported 16 employees.