Valley Soccer Education Program

Analysis

Valley Soccer Education Program is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in January 2024, 2 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 December 2023, Valley Soccer Education Program reported income of $1.2m and spending of $1.0m, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $9,624 to $1.2m (+12327%), an average of +12327% a year. The sharpest change came in the year to December 2023, when income rose by 12327%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Valley Soccer Education Program sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Anoka Area Hockey Association Inc ($1.2m), Billings American Legion Baseball Program ($1.2m) and Inclusion Matters by Shanes Inspiration ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $35k (3.5% of expenses). At year end it held assets of $200k against liabilities of $0, net assets of $200k.