South Carolina Youth Soccer Association Inc

Analysis

South Carolina Youth Soccer Association Inc is a registered charity in United States, based in Irmo, SC. It received its IRS tax-exemption ruling in December 1992, 34 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, South Carolina Youth Soccer Association Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.1m to $1.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 338%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Carolina Youth Soccer Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Rochester MN Sports ($1.3m), Team Image Synchronized Skating Teams Ltd ($1.3m) and 261 Rosecrest Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $286k. At year end it held assets of $622k against liabilities of $4,205, net assets of $617k. It reported 9 employees.