Rapids Area Soccer Inc

Analysis

Rapids Area Soccer Inc is a registered charity in United States, based in Wisc Rapids, WI. It received its IRS tax-exemption ruling in June 1983, 43 years ago. 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 October 2023, Rapids Area Soccer Inc reported income of $160k and spending of $125k, leaving 22% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income grew from $148k to $160k (+7.9%), an average of +7.9% a year. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rapids Area Soccer Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within WI. Charities of a similar size with the same main cause include Youth Mentors Association of the ($160k), Chelsea Education Foundation ($160k) and Kelly New Day Ministries ($160k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 11% and program service revenue 80% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.