Arvada Soccer Association Inc

Analysis

Arvada Soccer Association Inc is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in April 1989, 37 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, Arvada Soccer Association Inc reported income of $2.3m and spending of $2.2m, spending 98% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.4m to $2.3m (+64%), an average of +18% a year. The sharpest change came in the year to July 2021, when income rose by 54%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arvada Soccer Association Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CO. Charities of a similar size with the same main cause include Minneapolis United Soccer for the City ($2.3m), Anchorage Gymnastics Association ($2.3m) and Rush Union Soccer ($2.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $102k (4.6% of expenses). Other salaries and wages came to $628k. At year end it held assets of $3.2m against liabilities of $1.5m, net assets of $1.8m. It reported 11 employees.