Lafayette Youth Soccer Association Inc

Analysis

Lafayette Youth Soccer Association Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Lafayette Youth Soccer Association Inc reported income of $1.2m and spending of $1.4m, spending 110% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.1m to $1.2m (+9.8%), an average of +2.4% a year. The sharpest change came in the year to May 2021, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lafayette 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 81st percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include Oregon High School Equestrian Teams Inc ($1.2m), Ice Inc ($1.2m) and Blue Line Hockey Club Incorporated ($1.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 9.5% and program service revenue 68% of the total. Other salaries and wages came to $413k. At year end it held assets of $1.8m against liabilities of $952k, net assets of $885k.