Colorado Soccer Association

Analysis

Colorado Soccer Association is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in June 1981, 45 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 June 2024, Colorado Soccer Association reported income of $4.9m and spending of $4.9m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.1m to $4.9m (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Soccer Association sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include CST Baseball Inc ($4.9m), Triangle Aquatic Center ($4.9m) and Arc of Appalachia ($4.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $211k (4.3% of expenses). Other salaries and wages came to $828k. At year end it held assets of $4.7m against liabilities of $893k, net assets of $3.9m. It reported 13 employees.