Soccer Academy of Merced Inc

Analysis

Soccer Academy of Merced Inc is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in May 2019, 7 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soccer Academy of Merced Inc reported income of $248k and spending of $212k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $268k to $248k (-7.4%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Soccer Academy of Merced Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Paran Recreations Inc ($248k), Santa Fe Storm Volleyball Club ($248k) and Missoula Aquatic Club Inc ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $67k. At year end it held assets of $75k against liabilities of $0, net assets of $75k.