Smithfield Soccer Club Ltd

Analysis

Smithfield Soccer Club Ltd is a registered charity in United States, based in Smithfield, VA. It received its IRS tax-exemption ruling in May 2014, 12 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, Smithfield Soccer Club Ltd reported income of $91k and spending of $72k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $47k to $91k (+94%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Smithfield Soccer Club Ltd sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Hillsboro Swim Organization Inc ($91k), North Mississippi Hill Countrypicnic Inc ($91k) and Tempo Soccer Club ($91k).

At year end it held assets of $51k against liabilities of $0, net assets of $51k.