Winchester Soccer Club

Analysis

Winchester Soccer Club is a registered charity in United States, based in Winchester, MA. It received its IRS tax-exemption ruling in August 1997, 29 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 October 2023, Winchester Soccer Club reported income of $2.5m and spending of $2.0m, spending 82% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.7m to $2.5m (+48%), an average of +10% a year. The sharpest change came in the year to October 2021, when income rose by 54%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Winchester Soccer Club sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include SC Unit 16 Inc ($2.5m), Special Olympics Oklahoma Inc ($2.5m) and Colorado Rockies Bible Camp and Conference Inc ($2.5m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Other salaries and wages came to $513k. At year end it held assets of $22.0m against liabilities of $12.6m, net assets of $9.4m. It reported 34 employees.