Fallbrook Youth Soccer League Inc

Analysis

Fallbrook Youth Soccer League Inc is a registered charity in United States, based in Fallbrook, CA. It received its IRS tax-exemption ruling in January 1979, 47 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, Fallbrook Youth Soccer League Inc reported income of $249k and spending of $205k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $195k to $249k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 346%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fallbrook Youth Soccer League Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Laredo Regional Food Bank Inc ($249k), James Madison High School Athletic Boosters Club Inc ($249k) and Indian Hills Community College Development Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $24k (12% of expenses). Other salaries and wages came to $6,300. At year end it held assets of $258k against liabilities of $0, net assets of $258k. It reported 9 employees.