Thompson Soccer Association Inc

Analysis

Thompson Soccer Association Inc is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in September 1993, 33 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, Thompson Soccer Association Inc reported income of $385k and spending of $334k, spending 87% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $185k to $385k (+108%), an average of +28% a year. The sharpest change came in the year to July 2021, when income rose by 41%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Thompson Soccer Association Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CO. Charities of a similar size with the same main cause include Camp Jabez on the Cumberland ($385k), Voorhees Soccer Association ($385k) and Meeker County Agricultural Society ($385k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $245k against liabilities of $3,188, net assets of $242k. It reported 5 employees.