Lake Havasu Soccer League

Analysis

Lake Havasu Soccer League is a registered charity in United States, based in LK Havasu Cty, AZ. It received its IRS tax-exemption ruling in February 1988, 38 years ago. 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, Lake Havasu Soccer League reported income of $308k and spending of $259k, spending 84% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $223k to $308k (+39%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Havasu Soccer League 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 62nd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Hornell High School Alumni Association ($308k), American Council for Capital Formation Center for Policy Resear ($308k) and Metropolitan Housing Development Corporation ($308k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $186k against liabilities of $0, net assets of $186k.