United Soccer Association of Tampa Bay Inc

Analysis

United Soccer Association of Tampa Bay Inc is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in January 1992, 34 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 June 2023, United Soccer Association of Tampa Bay Inc reported income of $82k and spending of $121k, spending 148% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $134k to $82k (-39%), an average of -15% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United Soccer Association of Tampa Bay Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Antigo Area Recreation Foundation Inc ($82k), Henderson Ice Hockey Club Inc ($82k) and Atlanta Amateur Hockey League Foundation Inc ($82k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $54k (45% of expenses). At year end it held assets of $133k against liabilities of $0, net assets of $133k.