South County Youth Soccer Club

Analysis

South County Youth Soccer Club is a registered charity in United States, based in Wakefield, RI. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, South County Youth Soccer Club reported income of $374k and spending of $275k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $243k to $374k (+54%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South County Youth Soccer Club sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within RI. Charities of a similar size with the same main cause include Belmont Soccer Association Inc ($374k), Legacy Athletics Inc ($374k) and Franklin Ski & Outing Club Inc ($374k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 45% of the total. At year end it held assets of $342k against liabilities of $0, net assets of $342k.