Columbine-Lakewood Colorado Soccer Association

Analysis

Columbine-Lakewood Colorado Soccer Association is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2001, 25 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 2023, Columbine-Lakewood Colorado Soccer Association reported income of $2.3m and spending of $2.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.8m to $2.3m (-40%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 40%. 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, Columbine-Lakewood Colorado Soccer Association 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 Denver Tennis Park Inc ($2.3m), Smith Memorial Playgrounds ($2.3m) and Wisconsin Youth Soccer Association Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $147k (6.6% of expenses). Other salaries and wages came to $515k. At year end it held assets of $2.5m against liabilities of $1.9m, net assets of $582k. It reported 19 employees.