Oldham County Youth Soccer Association

Analysis

Oldham County Youth Soccer Association is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2022, 4 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, Oldham County Youth Soccer Association reported income of $80k and spending of $84k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $446k to $80k (-82%), an average of -58% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oldham County Youth Soccer Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within KY. Charities of a similar size with the same main cause include Coleman County Youth Sports Complex ($80k), East Lansing Basketball Association ($80k) and Ifcma Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. At year end it held assets of $51k against liabilities of $500, net assets of $51k.