Youth Soccer Club of Montgomery County Inc

Analysis

Youth Soccer Club of Montgomery County Inc is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in June 2016, 10 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 April 2023, Youth Soccer Club of Montgomery County Inc reported income of $12.1m and spending of $11.7m, spending 97% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $9.1m to $12.1m (+33%), an average of +9.9% a year. The sharpest change came in the year to April 2022, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Soccer Club of Montgomery County Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include New Jersey Council of County Colleges ($12.1m), Hunt Community ($12.1m) and Hospice of Miami County Inc ($12.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 2.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $363k (3.1% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m. It reported 54 employees.