Southbury Soccer Club
Analysis
Southbury Soccer Club is a registered charity in United States, based in Southbury, CT. It received its IRS tax-exemption ruling in August 2002, 24 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, Southbury Soccer Club reported income of $204k and spending of $211k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $206k to $204k (-0.9%), an average of -0.9% a year. Over the whole period it spent 98% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southbury Soccer Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Newburyport Youth Hockey League Inc ($204k), Walton County Fair Inc ($204k) and San Clemente Girls Softball ($204k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $98k against liabilities of $38k, net assets of $60k.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Newburyport Youth Hockey League Inc | Newburyport | $204k |
| Walton County Fair Inc | Defuniak SPGS | $204k |
| San Clemente Girls Softball | San Clemente | $204k |
| Mbyc Youth Sailing | Bellevue | $204k |