Long Beach Youth Soccer Organization Inc

Analysis

Long Beach Youth Soccer Organization Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Long Beach Youth Soccer Organization Inc reported income of $636k and spending of $635k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $408k to $636k (+56%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 242%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Long Beach Youth Soccer Organization Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include San Benito Aquatics ($636k), Friends of the City Park All Inclusive Project ($636k) and Cool Swim Team Inc ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $105k (17% of expenses). Other salaries and wages came to $115k. It paid $525 in professional fundraising fees. At year end it held assets of $210k against liabilities of $54k, net assets of $157k.