LA Jolla Soccer League

Analysis

LA Jolla Soccer League is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in July 1978, 48 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 December 2023, LA Jolla Soccer League reported income of $1.8m and spending of $1.6m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $571k to $1.8m (+213%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Jolla Soccer League sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Cairo Womens Shelter Inc ($1.8m), American Islamic College Inc ($1.8m) and Jewish Community Council of the Rockaway Peninsula Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $34k (2.2% of expenses). At year end it held assets of $1.1m against liabilities of $318k, net assets of $810k.