Hartford Lions Soccer Academy Inc

Analysis

Hartford Lions Soccer Academy Inc is a registered charity in United States, based in Bloomfield, CT. It received its IRS tax-exemption ruling in March 2023, 3 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 December 2023, Hartford Lions Soccer Academy Inc reported income of $108k and spending of $73k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $108k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 59% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Hartford Lions Soccer Academy Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Shared Hope for Orphans Worldwide ($108k), Smyrna Junior Basketball League ($108k) and Centro Cristiano de Vida ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.6% of the total. At year end it held assets of $107k against liabilities of $2,112, net assets of $105k.