Bethlehem Soccer Club Inc

Analysis

Bethlehem Soccer Club Inc is a registered charity in United States, based in Glenmont, NY. It received its IRS tax-exemption ruling in January 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bethlehem Soccer Club Inc reported income of $417k and spending of $418k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $352k to $417k (+19%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bethlehem Soccer Club Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Estes Valley Library Friends & Foundation ($417k), Friends of Franklin Avenue School Inc ($417k) and Westmont Fire Company No 1 ($417k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $10k (2.4% of expenses). Other salaries and wages came to $161k. At year end it held assets of $681k against liabilities of $24k, net assets of $657k. It reported 17 employees.