Norman Youth Soccer Association Inc

Analysis

Norman Youth Soccer Association Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in March 1979, 47 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 2023, Norman Youth Soccer Association Inc reported income of $2.2m and spending of $2.0m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.2m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norman Youth Soccer Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include St Paul Area Electrical Joint Apprenticeship and Training Fund ($2.2m), University of Wisconsin LA Crosse Foundation Inc ($2.2m) and Foundation for Sephardic Studies Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 72% of the total. Other salaries and wages came to $487k. At year end it held assets of $633k against liabilities of $31k, net assets of $602k. It reported 8 employees.