2000 Project Soccer

Analysis

2000 Project Soccer is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in January 2008, 18 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, 2000 Project Soccer reported income of $74k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $91k to $74k (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 33% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, 2000 Project Soccer sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include National High School Athletic Coaches Association Inc ($74k), Troy Boys Basketball Booster Club ($74k) and West Boynton Football League Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k. It reported 1 employees.