Massapequa Soccer Club Inc

Analysis

Massapequa Soccer Club Inc is a registered charity in United States, based in Massapequa PK, NY. It received its IRS tax-exemption ruling in May 2014, 12 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, Massapequa Soccer Club Inc reported income of $816k and spending of $847k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $816k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Massapequa Soccer Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Junior Football League of Central Illinois ($815k), USA Swimming Inc ($816k) and Upper Midwest Athletic Conference ($815k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. At year end it held assets of $923k against liabilities of $0, net assets of $923k.