West Pasco Youth Soccer Association Inc

Analysis

West Pasco Youth Soccer Association Inc is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in June 2001, 25 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 December 2023, West Pasco Youth Soccer Association Inc reported income of $4.9m and spending of $4.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $4.9m (+219%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Pasco Youth Soccer Association Inc sits at the 99th percentile: it is larger than about 98% 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 The Economic Development Group Inc ($4.9m), Albany Jewish Community Center ($4.9m) and Mustang Soccer League ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $1.2m against liabilities of $309k, net assets of $893k.