Skyline Soccer Association

Analysis

Skyline Soccer Association is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in October 1987, 39 years ago. 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, Skyline Soccer Association reported income of $2.0m and spending of $1.6m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.0m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Skyline Soccer Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CO. Charities of a similar size with the same main cause include Atlantic Prevention Resources Inc ($2.0m), The Young Mens Christian Assoc of Ithaca and Tompkins County ($2.0m) and Arc of Amador and Calaveras ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $131k (8.2% of expenses). Other salaries and wages came to $544k. At year end it held assets of $3.3m against liabilities of $32k, net assets of $3.3m. It reported 15 employees.