Portsmouth City Soccer Club Inc

Analysis

Portsmouth City Soccer Club Inc is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in December 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Portsmouth City Soccer Club Inc reported income of $90k and spending of $85k, spending 95% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $29k to $90k (+207%), an average of +207% a year. The sharpest change came in the year to April 2024, when income rose by 207%. Over the whole period it spent 131% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Portsmouth City Soccer Club Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within NH. Charities of a similar size with the same main cause include East Arm Rowing Club Inc ($90k), Lancaster Football Booster Club ($90k) and Junction City Community Baseball Club Inc ($90k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.