North Texas State Soccer

Analysis

North Texas State Soccer is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in July 1981, 45 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 June 2023, North Texas State Soccer reported income of $1.6m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $1.6m (-29%), an average of -8.1% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Texas State Soccer sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Christi Le Fevre Ministries Inc ($1.6m), Inprint Inc ($1.6m) and Mercer County Community College Foundation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 87% of the total. Other salaries and wages came to $215k. At year end it held assets of $6.7m against liabilities of $12k, net assets of $6.7m. It reported 4 employees.