Coginchaug Soccer Club

Analysis

Coginchaug Soccer Club is a registered charity in United States, based in Middlefield, CT. It received its IRS tax-exemption ruling in September 2003, 23 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, Coginchaug Soccer Club reported income of $68k and spending of $64k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $68k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coginchaug Soccer Club sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include Stockton Rowing Incorporated ($68k), Harrisonburg Turks Inc ($68k) and Emmett Football Touchdown Club Inc ($68k).

At year end it held assets of $56k against liabilities of $0, net assets of $56k.