Henry County Soccer Association Inc

Analysis

Henry County Soccer Association Inc is a registered charity in United States, based in Stockbridge, GA. It received its IRS tax-exemption ruling in January 1991, 35 years ago. 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, Henry County Soccer Association Inc reported income of $770k and spending of $784k, spending 102% of its income. Across the 5 years on record, from May 2020 to December 2023, income grew from $552k to $770k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Henry County Soccer Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include India Cultural Association ($770k), North Shore Jewish Press Ltd the Journal of the North Shore ($770k) and Council for Inclusive Governance ($769k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 94% of the total. Other salaries and wages came to $303k. At year end it held assets of $137k against liabilities of -$166k, net assets of $303k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.