Southern Kentucky Soccer Inc

Analysis

Southern Kentucky Soccer Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in March 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 December 2023, Southern Kentucky Soccer Inc reported income of $763k and spending of $736k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $516k to $763k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Kentucky Soccer Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within KY. Charities of a similar size with the same main cause include Jackson Hole Youth Soccer ($763k), Greater Boise Aquatics Foundation Inc ($764k) and United Soccer Federation of Maine ($763k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Other salaries and wages came to $174k. At year end it held assets of $428k against liabilities of $140k, net assets of $287k. It reported 6 employees.