Mercer Island Youth Soccer Club

Analysis

Mercer Island Youth Soccer Club is a registered charity in United States, based in Mercer Island, WA. It received its IRS tax-exemption ruling in July 1992, 34 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 March 2024, Mercer Island Youth Soccer Club reported income of $877k and spending of $896k, spending 102% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $728k to $877k (+20%), an average of +4.7% a year. The sharpest change came in the year to March 2022, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercer Island Youth Soccer Club 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 78th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Big Brothers & Big Sisters of Cedar Rapids and East Central Iowa Inc ($877k), Kay County Council for the Opportunity Center Inc ($877k) and Second Servings of Houston ($876k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. At year end it held assets of $393k against liabilities of $33k, net assets of $360k. It reported 43 employees.