Colorado Soccer Academy

Analysis

Colorado Soccer Academy is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in January 2002, 24 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 December 2023, Colorado Soccer Academy reported income of $152k and spending of $134k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $172k to $152k (-11%), an average of -3.0% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 106% 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 Academy sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include Bucks County Tennis Association ($152k), Tcyb Inc ($152k) and Suwanee County Fair Association Inc ($152k).

At year end it held assets of $44k against liabilities of $0, net assets of $44k.