South Texas Youth Soccer Association

Analysis

South Texas Youth Soccer Association is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in August 1979, 47 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, South Texas Youth Soccer Association reported income of $1.1m and spending of $1.2m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.1m (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Texas Youth Soccer Association sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.1m), Access Community Experience Inc ($1.1m) and Ark Dothan Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Other salaries and wages came to $585k. At year end it held assets of $648k against liabilities of $0, net assets of $648k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.