Chemung Valley Soccer Association Inc

Analysis

Chemung Valley Soccer Association Inc is a registered charity in United States, based in Horseheads, NY. It received its IRS tax-exemption ruling in July 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Chemung Valley Soccer Association Inc reported income of $118k and spending of $137k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $118k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chemung Valley Soccer Association Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Palos Verdes Peninsula High School Athletic Booster Club ($118k), Special Camps for Special Citizens Inc ($118k) and Camp River Run Inc ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $409k against liabilities of $0, net assets of $409k.