Cape Coral Soccer Association Inc

Analysis

Cape Coral Soccer Association Inc is a registered charity in United States, based in Cape Coral, FL. It received its IRS tax-exemption ruling in June 2007, 19 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 2024, Cape Coral Soccer Association Inc reported income of $1.3m and spending of $1.5m, spending 114% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income grew from $625k to $1.3m (+111%), an average of +21% a year. The sharpest change came in the year to May 2021, when income dropped by 100%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cape Coral 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 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Soaring Society of America Inc ($1.3m), American Recreation Coalition ($1.3m) and Greater Houston Volleyball Association ($1.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $202k. At year end it held assets of $565k against liabilities of $335k, net assets of $230k. It reported 4 employees.