Indian River Soccer Association Inc

Analysis

Indian River Soccer Association Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in August 1986, 40 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 June 2024, Indian River Soccer Association Inc reported income of $563k and spending of $760k, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income grew from $493k to $563k (+14%), an average of +3.4% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indian River Soccer Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Aurora Senior Housing Inc ($563k), American Association of Avalanche Professionals ($563k) and Everett Rowing Association ($563k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $260k. At year end it held assets of $176k against liabilities of $123k, net assets of $53k. It reported 3 employees.