Glastonbury Hartwell Soccer Club Inc

Analysis

Glastonbury Hartwell Soccer Club Inc is a registered charity in United States, based in Glastonbury, CT. It received its IRS tax-exemption ruling in November 1996, 30 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, Glastonbury Hartwell Soccer Club Inc reported income of $681k and spending of $633k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $681k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 222%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Glastonbury Hartwell Soccer Club Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Housatonic Youth Service Bureau Inc ($681k), Boys & Girls Club of Franklin- Simpson Inc ($682k) and Youth Mentoring Worldwide Inc ($681k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. At year end it held assets of $937k against liabilities of $0, net assets of $937k.