East Hampton CT Soccer Club Inc

Analysis

East Hampton CT Soccer Club Inc is a registered charity in United States, based in Cobalt, CT. It received its IRS tax-exemption ruling in December 1993, 33 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 July 2023, East Hampton CT Soccer Club Inc reported income of $62k and spending of $79k, spending 128% of what it took in. Across the 3 years on record, from July 2021 to July 2023, income fell from $70k to $62k (-12%), an average of -6.0% a year. The sharpest change came in the year to July 2022, when income dropped by 29%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Hampton CT Soccer Club Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within CT. Charities of a similar size with the same main cause include P H C C C Inc ($62k), Mica-Abestos Workers No 74 Education Trust Fund ($62k) and PTA Florida Congress ($62k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.