Oldsmar Youth Soccer Association Inc

Analysis

Oldsmar Youth Soccer Association Inc is a registered charity in United States, based in Oldsmar, FL. It received its IRS tax-exemption ruling in October 1999, 27 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 April 2023, Oldsmar Youth Soccer Association Inc reported income of $142k and spending of $183k, spending 129% of what it took in. Across the 4 years on record, from June 2020 to April 2023, income grew from $135k to $142k (+5.0%), an average of +1.7% a year. The sharpest change came in the year to April 2023, when income rose by 20%. Over the whole period it spent 130% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oldsmar Youth Soccer Association Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include San Francisco Gaelic Athletic Association ($142k), Skating Club of Phoenix ($142k) and Mad-City Ski Team ($142k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.