South Tampa Youth Soccer Club Inc

Analysis

South Tampa Youth Soccer Club Inc is a registered charity in United States, based in Riverview, FL. It received its IRS tax-exemption ruling in December 2020, 6 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 2022, South Tampa Youth Soccer Club Inc reported income of $391k and spending of $340k, spending 87% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $210k to $391k (+86%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Tampa Youth Soccer Club 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 69th percentile within FL. Charities of a similar size with the same main cause include Arlington Girls Softball Association ($391k), Sun Prairie Swim Inc ($391k) and Gymnastics Revolution Parents Association ($391k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $126k (37% of expenses). At year end it held assets of $250k against liabilities of $9,406, net assets of $240k.