Coral Springs Youth Soccer Inc

Analysis

Coral Springs Youth Soccer Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in July 1991, 35 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 May 2024, Coral Springs Youth Soccer Inc reported income of $367k and spending of $344k, spending 94% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $276k to $367k (+33%), an average of +7.4% a year. The sharpest change came in the year to May 2023, when income rose by 26%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coral Springs Youth Soccer Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Spring Branch Tennis Center ($366k), Pacific District USA Hockey ($367k) and Aquatics Unlimited ($366k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $37k. At year end it held assets of $45k against liabilities of $1,673, net assets of $43k. It reported 1 employees.