Cary Soccer Association

Analysis

Cary Soccer Association is a registered charity in United States, based in Cary, IL. It received its IRS tax-exemption ruling in August 2007, 19 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 June 2023, Cary Soccer Association reported income of $255k and spending of $192k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $120k to $255k (+113%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cary Soccer Association sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Alaskan Sled Dog & Racing Association ($255k), SJGSL 2000 Inc ($255k) and Valley Community Outreach Incorporation ($255k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 96% of the total. Other salaries and wages came to $63k. At year end it held assets of $261k against liabilities of $108k, net assets of $153k. It reported 2 employees.