Soccer in the Streets Inc

Analysis

Soccer in the Streets Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 1990, 36 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Soccer in the Streets Inc reported income of $1.8m and spending of $2.6m, spending 146% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.9m to $1.8m (-4.2%), an average of -1.4% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Soccer in the Streets Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Hawaii High School Athletic Association ($1.8m), Alabama National Fair ($1.8m) and Nebraska Elite Volleyball ($1.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 90% and program service revenue 10.0% of the total. Other salaries and wages came to $866k. At year end it held assets of $2.4m against liabilities of $178k, net assets of $2.2m. It reported 14 employees.