Seattle Youth Soccer Association

Analysis

Seattle Youth Soccer Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1997, 29 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 May 2024, Seattle Youth Soccer Association reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $937k to $1.2m (+32%), an average of +7.2% a year. The sharpest change came in the year to May 2022, when income rose by 47%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seattle Youth Soccer Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Northern Sun Intercollegiate Conference ($1.2m), Junior League of Houston Foundation ($1.2m) and Monterey County Airshow Assn Inc ($1.2m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $89k (7.0% of expenses). Other salaries and wages came to $253k. At year end it held assets of $698k against liabilities of $273, net assets of $698k. It reported 35 employees.