Buildsoccer

Analysis

Buildsoccer is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2019, 7 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, Buildsoccer reported income of $255k and spending of $128k, leaving 50% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $236k to $255k (+8.0%), an average of +3.9% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 43% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Buildsoccer sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include SJGSL 2000 Inc ($255k), Storm Trysail Foundation ($255k) and Cary Soccer Association ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $444k against liabilities of $36k, net assets of $408k.