Elk Grove Youth Soccer League

Analysis

Elk Grove Youth Soccer League is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in January 2000, 26 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, Elk Grove Youth Soccer League reported income of $2.6m and spending of $2.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.6m (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elk Grove Youth Soccer League sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Pettit National Ice Center Inc ($2.5m), Team Footworks Educational & Fitness Corporation ($2.6m) and Yardley Morrisville Soccer Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $190k (7.5% of expenses). Other salaries and wages came to $644k. At year end it held assets of $1.0m against liabilities of $112k, net assets of $893k. It reported 49 employees.