Soccer Unity Project Inc

Analysis

Soccer Unity Project Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Soccer Unity Project Inc reported income of $480k and spending of $509k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $400k to $480k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Soccer Unity Project Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within MA. Charities of a similar size with the same main cause include Graffiti 2 Community Ministries ($480k), Swingpals Inc ($481k) and Njsa Inc ($480k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 7.6% of the total. Other salaries and wages came to $139k. At year end it held assets of $182k against liabilities of $53k, net assets of $129k. It reported 2 employees.