South Iredell Soccer Association

Analysis

South Iredell Soccer Association is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in August 2013, 13 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 December 2023, South Iredell Soccer Association reported income of $117k and spending of $136k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $117k (+1.6%), an average of +1.6% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Iredell Soccer Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Friends of Whittemore Inc ($117k), Ramona Parks and Recreation Association Inc ($117k) and Kittitas Valley Junior Soccer Association ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.