Watertown Youth Soccer Association

Analysis

Watertown Youth Soccer Association is a registered charity in United States, based in Watertown, SD. It received its IRS tax-exemption ruling in February 1998, 28 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 June 2024, Watertown Youth Soccer Association reported income of $289k and spending of $302k, spending 105% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $213k to $289k (+36%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Watertown Youth Soccer Association sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within SD. Charities of a similar size with the same main cause include Summit City Sluggers Baseball Inc ($289k), Wildkit Swimming Organization ($289k) and Keystone Nationals Select Baseball Incorporated ($288k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.1% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $40k (13% of expenses). Other salaries and wages came to $13k. At year end it held assets of $241k against liabilities of $0, net assets of $241k. It reported 3 employees.