Snoqualmie Valley Youth Soccer Association

Analysis

Snoqualmie Valley Youth Soccer Association is a registered charity in United States, based in North Bend, WA. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Snoqualmie Valley Youth Soccer Association reported income of $1.3m and spending of $1.3m, spending 105% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $715k to $1.3m (+79%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Snoqualmie Valley Youth Soccer Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Five Star Life ($1.3m), Lads to Leaders-Leaderettes Inc ($1.3m) and Project Pneuma Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $20k (1.5% of expenses). Other salaries and wages came to $401k. At year end it held assets of $1.5m against liabilities of $618, net assets of $1.5m. It reported 28 employees.