Venice Area Youth Soccer Association Inc

Analysis

Venice Area Youth Soccer Association Inc is a registered charity in United States, based in Venice, FL. It received its IRS tax-exemption ruling in November 1981, 45 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 April 2023, Venice Area Youth Soccer Association Inc reported income of $317k and spending of $240k, leaving 24% of income unspent that year. Across the 3 years on record, from April 2021 to April 2023, income grew from $198k to $317k (+60%), an average of +26% a year. The sharpest change came in the year to April 2023, when income rose by 40%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Venice Area Youth Soccer Association Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include The Lutheran Church of the Resurrec Tion Inc ($316k), Macatawa Bay Junior Association ($317k) and Elders Action Network Inc ($316k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 5.9% and program service revenue 92% of the total. At year end it held assets of $194k against liabilities of $14k, net assets of $180k.