The Wethersfield Soccer Club

Analysis

The Wethersfield Soccer Club is a registered charity in United States, based in Wethersfield, CT. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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, The Wethersfield Soccer Club reported income of $201k and spending of $172k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $194k to $201k (+3.8%), an average of +3.8% a year. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Wethersfield Soccer Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CT. Charities of a similar size with the same main cause include White River Valley Historical Society ($201k), International Association of Law Enforcement Firearms Instructors I ($201k) and Nashua Lions Clubs Charities Inc ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 93% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.