Tolland Soccer Club

Analysis

Tolland Soccer Club is a registered charity in United States, based in Tolland, CT. It received its IRS tax-exemption ruling in March 2007, 19 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 July 2024, Tolland Soccer Club reported income of $147k and spending of $150k, spending 102% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $90k to $147k (+63%), an average of +13% a year. The sharpest change came in the year to July 2022, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tolland Soccer Club sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CT. Charities of a similar size with the same main cause include Roseville Figure Skating Club ($147k), Spencerport Junior Baseball Inc ($147k) and Estacada Youth Baseball and Softball ($147k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 4.9% and program service revenue 83% of the total. At year end it held assets of $227k against liabilities of $81k, net assets of $146k.