Town of Lewisboro Soccer Club Inc

Analysis

Town of Lewisboro Soccer Club Inc is a registered charity in United States, based in South Salem, NY. It received its IRS tax-exemption ruling in September 2016, 10 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, Town of Lewisboro Soccer Club Inc reported income of $423k and spending of $448k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $420k to $423k (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Town of Lewisboro Soccer Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include JDS Center of Hope Inc ($423k), Friends of Doon Foundation ($423k) and Nile Swim Club of Yeadon ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $80k against liabilities of $6,229, net assets of $74k.