Colleyville Soccer Association

Analysis

Colleyville Soccer Association is a registered charity in United States, based in Colleyville, TX. It received its IRS tax-exemption ruling in March 1982, 44 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 August 2023, Colleyville Soccer Association reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from June 2020 to August 2023, income grew from $1.4m to $1.8m (+35%), an average of +7.8% a year. The sharpest change came in the year to August 2021, when income rose by 148%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colleyville Soccer Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Cincinnati Scholarship Foundation ($1.8m), Potters Studio ($1.8m) and Big Brothers Big Sisters of New Hampshire ($1.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $1.1m against liabilities of $500, net assets of $1.1m.