Kickoff Soccer Academy

Analysis

Kickoff Soccer Academy is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in May 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 2022, Kickoff Soccer Academy reported income of $122k and spending of $98k, spending 80% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $106k to $122k (+15%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kickoff Soccer Academy sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Van Buren Community Sports Association ($122k), Nottoway Youth Recreation Association Inc ($122k) and Sonoma Valley Girls Softball Association ($122k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $56k against liabilities of $7,333, net assets of $49k.