Everett Youth Soccer Club

Analysis

Everett Youth Soccer Club is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in April 1981, 45 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 December 2023, Everett Youth Soccer Club reported income of $458k and spending of $477k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $309k to $458k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Everett Youth Soccer Club sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Oklahoma Council on Economic Education ($458k), Henry County Fair Association ($458k) and Leadership Southern Indiana Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.