A3 Soccer Inc

Analysis

A3 Soccer Inc is a registered charity in United States, based in Edgewater, MD. It received its IRS tax-exemption ruling in November 2018, 8 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 July 2023, A3 Soccer Inc reported income of $895k and spending of $877k, spending 98% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $757k to $895k (+18%), an average of +4.3% a year. The sharpest change came in the year to July 2021, when income rose by 30%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, A3 Soccer Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MD. Charities of a similar size with the same main cause include Police Athletic League of KCKS ($894k), Perry Hall Recreation and Parks Council ($895k) and USA Swimming Inc ($894k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $113k (13% of expenses). Other salaries and wages came to $311k. At year end it held assets of $2.0m against liabilities of $508k, net assets of $1.5m. It reported 1 employees.