Diamond Bar-Walnut Valley Soccer League Inc

Analysis

Diamond Bar-Walnut Valley Soccer League Inc is a registered charity in United States, based in West Covina, CA. It received its IRS tax-exemption ruling in July 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Diamond Bar-Walnut Valley Soccer League Inc reported income of $289k and spending of $247k, spending 85% of its income. Across the 6 years on record, from July 2018 to July 2023, income grew from $75k to $289k (+288%), an average of +31% a year. The sharpest change came in the year to July 2022, when income rose by 165%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Diamond Bar-Walnut Valley Soccer League Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Easley Soccer Club ($289k), Mars Baseball Association ($289k) and Frankfort Youth Athletic Association NFP ($289k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $69k (28% of expenses). At year end it held assets of $106k against liabilities of $0, net assets of $106k.