Utah Youth Soccer Association Inc

Analysis

Utah Youth Soccer Association Inc is a registered charity in United States, based in Sandy, UT. It received its IRS tax-exemption ruling in May 1994, 32 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 May 2023, Utah Youth Soccer Association Inc reported income of $6.9m and spending of $5.7m, spending 83% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $6.0m to $6.9m (+16%), an average of +3.7% a year. The sharpest change came in the year to May 2022, when income rose by 49%. 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, Utah Youth Soccer Association Inc 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 94th percentile, and in the 94th percentile within UT. Charities of a similar size with the same main cause include Carefirst Ny Inc ($6.9m), Mission West Valley Educational Foundation ($6.9m) and Warren Achievement Center Inc ($6.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 15% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $346k (6.0% of expenses). Other salaries and wages came to $607k. At year end it held assets of $12.0m against liabilities of $1.1m, net assets of $10.9m. It reported 22 employees.