Louisville Soccer Alliance Inc

Analysis

Louisville Soccer Alliance Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1991, 35 years ago. 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 July 2023, Louisville Soccer Alliance Inc reported income of $464k and spending of $491k, spending 106% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $556k to $464k (-17%), an average of -4.4% a year. The sharpest change came in the year to July 2021, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisville Soccer Alliance Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Friends of Wilbraham Seniors Inc ($464k), Teen Action and Support Center ($464k) and Liberty Christian School Inc ($464k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.1% and program service revenue 63% of the total. Other salaries and wages came to $131k. At year end it held assets of $713k against liabilities of $230k, net assets of $482k. It reported 5 employees.