South Shore Soccer Club Inc

Analysis

South Shore Soccer Club Inc is a registered charity in United States, based in West Babylon, 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 October 2023, South Shore Soccer Club Inc reported income of $223k and spending of $259k, spending 116% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $164k to $223k (+36%), an average of +8.0% a year. The sharpest change came in the year to October 2021, when income rose by 224%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Shore Soccer Club Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Collegiate Womens Lacrosse Officiating Association ($223k), Woodford Youth Soccer Association ($223k) and Peak Adventure Ministries Inc ($223k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.