Fayette County Youth Soccer League Inc

Analysis

Fayette County Youth Soccer League Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in September 1999, 27 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, Fayette County Youth Soccer League Inc reported income of $206k and spending of $228k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $169k to $206k (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fayette County Youth Soccer League Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Rugby LA ($206k), Youth Baseball of Sebring Inc ($206k) and Parkinson S Dynamics ($206k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $11k (4.9% of expenses). Other salaries and wages came to $28k. At year end it held assets of $66k against liabilities of $87k, net assets of -$21k. It reported 2 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.