Meriden Soccer Club Inc

Analysis

Meriden Soccer Club Inc is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in April 1994, 32 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 October 2023, Meriden Soccer Club Inc reported income of $67k and spending of $63k, spending 95% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $59k to $67k (+14%), an average of +14% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meriden Soccer Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within CT. Charities of a similar size with the same main cause include Owensboro Rotary Club Foundation Inc ($67k), Keel Mountain Volunteer Fire Department Incorporated ($67k) and Omak Cooperative Preschool ($67k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.