Litchfield Soccer Club Inc

Analysis

Litchfield Soccer Club Inc is a registered charity in United States, based in Goshen, CT. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Litchfield Soccer Club Inc reported income of $80k and spending of $76k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $80k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Litchfield Soccer Club Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within CT. Charities of a similar size with the same main cause include Arlington Angels Booster Club ($80k), Sudbury Scouting Association Inc ($80k) and Oregon 4-H Foundation ($80k).

At year end it held assets of $42k against liabilities of $0, net assets of $42k.