Tennessee United Soccer Club Inc

Analysis

Tennessee United Soccer Club Inc is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in January 2007, 19 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 June 2024, Tennessee United Soccer Club Inc reported income of $1.3m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $684k to $1.3m (+95%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 64%. 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, Tennessee United Soccer Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include Global Dental Relief ($1.3m), Bay Area Womens Sports Initiative Inc ($1.3m) and Pegasus Therapeutic Riding Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.2% and program service revenue 91% of the total. At year end it held assets of $514k against liabilities of $695, net assets of $513k.