McLean Youth Soccer Association
Analysis
McLean Youth Soccer Association is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in June 2002, 24 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 June 2024, McLean Youth Soccer Association reported income of $4.4m and spending of $4.4m, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $4.4m (+35%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 94% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, McLean Youth Soccer Association sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include The Filson Historical Society Inc ($4.4m), Salinas Regional Sports Authority ($4.4m) and Richmond Kickers Youth Soccer Club ($4.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $418k (9.6% of expenses). Other salaries and wages came to $2.3m. It paid $10k in professional fundraising fees. At year end it held assets of $5.3m against liabilities of $960k, net assets of $4.3m. It reported 88 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.7%
- Program services 92%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Filson Historical Society Inc | Louisville | $4.4m |
| Salinas Regional Sports Authority | Salinas | $4.4m |
| Richmond Kickers Youth Soccer Club | N Chesterfld | $4.3m |
| Martin Luther King Community Center Incorporated | Newport | $4.4m |