Patriot Soccer Club

Analysis

Patriot Soccer Club is a registered charity in United States, based in Gray, ME. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Patriot Soccer Club reported income of $101k and spending of $87k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $101k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Patriot Soccer Club sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 30th percentile within ME. Charities of a similar size with the same main cause include Reach Center ($101k), Brooklyn Ballers Sports Youth & Educational Corp ($101k) and Community of Resources Houston ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.