Tennessee Premier Soccer Academy Inc

Analysis

Tennessee Premier Soccer Academy Inc is a registered charity in United States, based in Charleston, TN. It received its IRS tax-exemption ruling in June 2021, 5 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, Tennessee Premier Soccer Academy Inc reported income of $136k and spending of $117k, spending 86% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $39k to $136k (+253%), an average of +88% a year. The sharpest change came in the year to December 2022, when income rose by 208%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tennessee Premier Soccer Academy Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within TN. Charities of a similar size with the same main cause include Massachusetts Juniors Volleyball Association Inc ($136k), South Orlando Rowing Association Inc ($136k) and Friends of Christopher Columbus Park Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.