Irvine Soccer Academy

Analysis

Irvine Soccer Academy is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in July 2017, 9 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, Irvine Soccer Academy reported income of $1.1m and spending of $1.2m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $767k to $1.1m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 137%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Irvine Soccer Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Madison County Fair Association ($1.1m), Radnor Soccer Club ($1.1m) and Clare County Agricultural Society ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $160k (14% of expenses). Other salaries and wages came to $508k. At year end it held assets of $237k against liabilities of $162k, net assets of $75k. It reported 91 employees.