Berks Soccer Academy Inc

Analysis

Berks Soccer Academy Inc is a registered charity in United States, based in Leesport, PA. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Berks Soccer Academy Inc reported income of $779k and spending of $755k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $538k to $779k (+45%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Berks Soccer Academy Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Boys & Girls Clubs of the Lakelands Region ($779k), Southwest Virginia 4-H Center Inc ($779k) and Alabama Future Farmers of America Foundation ($779k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $112k (15% of expenses). Other salaries and wages came to $78k. At year end it held assets of $966k against liabilities of $224k, net assets of $742k. It reported 2 employees.