North Texas State Soccer Association Inc

Analysis

North Texas State Soccer Association Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in March 1982, 44 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 August 2023, North Texas State Soccer Association Inc reported income of $218k and spending of $185k, spending 85% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $177k to $218k (+23%), an average of +23% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Texas State Soccer Association Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Panther Wrestling Club Inc ($218k), Springford Youth Athletic League ($218k) and USA Swimming Inc ($218k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Other salaries and wages came to $4,455. At year end it held assets of $154k against liabilities of $0, net assets of $154k.