Simsbury Soccer Club Inc

Analysis

Simsbury Soccer Club Inc is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in May 1977, 49 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 December 2023, Simsbury Soccer Club Inc reported income of $347k and spending of $296k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $347k (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 175%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Simsbury Soccer Club Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include Thurston County Baseball Club ($347k), Friends of the Parks ($347k) and Levittown Soccer Club Inc ($347k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $262k against liabilities of $0, net assets of $262k.