Crystal Lake Soccer Federation

Analysis

Crystal Lake Soccer Federation is a registered charity in United States, based in Crystal Lake, IL. It received its IRS tax-exemption ruling in November 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Crystal Lake Soccer Federation reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $958k to $1.8m (+83%), an average of +22% a year. The sharpest change came in the year to April 2022, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crystal Lake Soccer Federation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include United States Hang Gliding and Paragliding Association ($1.8m), Florida State Parks Foundation Inc ($1.8m) and Ionia Free Fair Association ($1.8m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $122k (6.9% of expenses). Other salaries and wages came to $285k. At year end it held assets of $900k against liabilities of $208k, net assets of $692k. It reported 5 employees.