Meridian Youth Soccer Association

Analysis

Meridian Youth Soccer Association is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2022, Meridian Youth Soccer Association reported income of $350k and spending of $379k, spending 108% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $505k to $350k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meridian Youth Soccer Association sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within MS. Charities of a similar size with the same main cause include Thiensville Mequon Youth Baseball Assn ($350k), Maine Avenue Manor Inc ($350k) and Five Rivers Conservation Trust ($350k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.