Fairbanks Youth Soccer Association

Analysis

Fairbanks Youth Soccer Association is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in April 1981, 45 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fairbanks Youth Soccer Association reported income of $795k and spending of $897k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $519k to $795k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fairbanks Youth Soccer Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within AK. Charities of a similar size with the same main cause include Middletown Soccer Club Inc ($795k), Granite City Amateur Hockey Association ($795k) and East Hudson Youth Soccer League Inc ($794k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $85k (9.5% of expenses). At year end it held assets of $1.2m against liabilities of $164k, net assets of $1.0m. It reported 138 employees.