Clarence Soccer Club

Analysis

Clarence Soccer Club is a registered charity in United States, based in Clarence, NY. It received its IRS tax-exemption ruling in April 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, Clarence Soccer Club reported income of $675k and spending of $600k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $491k to $675k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Clarence Soccer Club sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Columbus Futbol Club Inc ($675k), Thurston County Youth Football ($676k) and Asgard Fencers ($675k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $42k (7.0% of expenses). Other salaries and wages came to $74k. At year end it held assets of $665k against liabilities of $0, net assets of $665k. It reported 13 employees.