Casco Bay Soccer Club

Analysis

Casco Bay Soccer Club is a registered charity in United States, based in Cape Eliz, ME. It received its IRS tax-exemption ruling in August 2001, 25 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 December 2023, Casco Bay Soccer Club reported income of $94k and spending of $89k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $57k to $94k (+64%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Casco Bay Soccer Club sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 28th percentile within ME. Charities of a similar size with the same main cause include Greshan Park Baseball and Softball Association Inc ($94k), Montmorency County 4-H Fair Association ($94k) and Little League Baseball Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.