Hot Springs Soccer Association Inc

Analysis

Hot Springs Soccer Association Inc is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in October 2001, 25 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 July 2024, Hot Springs Soccer Association Inc reported income of $91k and spending of $98k, spending 108% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income grew from $73k to $91k (+24%), an average of +12% a year. The sharpest change came in the year to July 2023, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hot Springs Soccer Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AR. Charities of a similar size with the same main cause include Duluth Softball Players Assoc ($91k), Roso Soccer Club ($91k) and Woodstown Soccer Club ($91k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 12% and program service revenue 86% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.