Sanford Area Soccor League Inc

Analysis

Sanford Area Soccor League Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in September 2005, 21 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 December 2023, Sanford Area Soccor League Inc reported income of $356k and spending of $380k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $356k (+153%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sanford Area Soccor League Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Green Hope Athletic Booster Club Inc ($356k), Liberty Hill Youth League ($356k) and Valley Youth Hockey Association Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Other salaries and wages came to $54k. At year end it held assets of $178k against liabilities of $0, net assets of $178k.