Florida Youth Soccer Association Inc

Analysis

Florida Youth Soccer Association Inc is a registered charity in United States, based in Auburndale, FL. It received its IRS tax-exemption ruling in December 1980, 46 years ago. 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 August 2023, Florida Youth Soccer Association Inc reported income of $4.7m and spending of $4.7m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.5m to $4.7m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to August 2022, when income rose by 19%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Youth Soccer Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Western States Center Inc ($4.7m), Purple Maia Foundation ($4.7m) and Central States Ser Jobs for Progress Inc ($4.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 71% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $255k (5.4% of expenses). Other salaries and wages came to $500k. At year end it held assets of $8.0m against liabilities of $2.0m, net assets of $6.0m. It reported 13 employees.