Soccer Rhode Island Inc

Analysis

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

In the financial year ending August 2023, Soccer Rhode Island Inc reported income of $561k and spending of $355k, leaving 37% of income unspent that year. Across the 4 years on record, from August 2019 to August 2023, income grew from $388k to $561k (+45%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 109%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Soccer Rhode Island Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within RI. Charities of a similar size with the same main cause include Lady Lightning Gold Inc ($561k), Wrestle Like a Girl Inc ($561k) and Global Health Committee Inc ($561k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k. It reported 3 employees.