Coastal United Soccer Association Inc

Analysis

Coastal United Soccer Association Inc is a registered charity in United States, based in New Bern, NC. It received its IRS tax-exemption ruling in July 1997, 29 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, Coastal United Soccer Association Inc reported income of $114k and spending of $160k, spending 141% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $174k to $114k (-35%), an average of -35% a year. The sharpest change came in the year to June 2023, when income dropped by 35%. 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, Coastal United Soccer Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NC. Charities of a similar size with the same main cause include Bayard Cutting Aboretum Horticultural Society Inc ($114k), Windham Youth Soccer Association ($114k) and United Northern Sportsmen ($114k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $91k against liabilities of $71k, net assets of $20k.