Bangor Travel Soccer Club

Analysis

Bangor Travel Soccer Club is a registered charity in United States, based in Bangor, ME. It received its IRS tax-exemption ruling in September 1995, 31 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 June 2023, Bangor Travel Soccer Club reported income of $83k and spending of $67k, spending 80% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $83k (+4.2%), an average of +4.2% a year. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bangor Travel Soccer Club sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 25th percentile within ME. Charities of a similar size with the same main cause include Plymouth Vikings Youth Football League Inc ($83k), Allen Park Athletic Club ($83k) and Maize South High School Booster Club ($83k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 97% of the total. At year end it held assets of $270k against liabilities of $178, net assets of $270k.