Red Hook Soccer Club Inc

Analysis

Red Hook Soccer Club Inc is a registered charity in United States, based in Red Hook, NY. It received its IRS tax-exemption ruling in June 1997, 29 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, Red Hook Soccer Club Inc reported income of $98k and spending of $109k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $98k (+11%), an average of +11% a year. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Red Hook Soccer Club Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include WNS Blue Line Club Inc ($98k), Arizona Golf Foundation ($98k) and Pembroke Youth Basketball ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $133k against liabilities of $2,978, net assets of $130k.