Red Oak Soccer Association Inc

Analysis

Red Oak Soccer Association Inc is a registered charity in United States, based in Red Oak, TX. It received its IRS tax-exemption ruling in October 2019, 7 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, Red Oak Soccer Association Inc reported income of $73k and spending of $78k, spending 107% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $72k to $73k (+1.4%), an average of +1.4% a year. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Red Oak Soccer Association Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Santa Maria Northside Little League ($73k), Carolina Show Ski Team Inc ($73k) and Judo Jujitsu Madison Inc ($73k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.