Fort Worth Adult Soccer Association Inc

Analysis

Fort Worth Adult Soccer Association Inc is a registered charity in United States, based in Fort Worth, 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, Fort Worth Adult Soccer Association Inc reported income of $230k and spending of $229k, spending 100% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $147k to $230k (+56%), an average of +16% a year. The sharpest change came in the year to August 2021, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Worth Adult Soccer Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Warrior Alumni Athletic Foundation Inc ($230k), United States Bowling Congress Inc ($230k) and Seneca Valley Swim Club ($230k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $2,734. At year end it held assets of $288k against liabilities of $1,720, net assets of $286k. It reported 1 employees.