Franklin Square Raiders Soccer Club

Analysis

Franklin Square Raiders Soccer Club is a registered charity in United States, based in Franklin SQ, NY. It received its IRS tax-exemption ruling in March 2015, 11 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, Franklin Square Raiders Soccer Club reported income of $274k and spending of $259k, spending 95% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $222k to $274k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2019, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Franklin Square Raiders Soccer Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Enco United Soccer Club ($274k), Siskiyou Outdoor Recreation Alliance ($274k) and 310 Sports Academy ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.