Coliseum Soccer Club Inc

Analysis

Coliseum Soccer Club Inc is a registered charity in United States, based in New Hartford, NY. It received its IRS tax-exemption ruling in June 2001, 25 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 December 2023, Coliseum Soccer Club Inc reported income of $313k and spending of $399k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $294k to $313k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coliseum Soccer Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Walton Raider Dugout Club Inc ($313k), North Vermilion Youth Athletic Association ($313k) and Alexandria Youth Baseball Association ($313k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $305k against liabilities of $0, net assets of $305k.