Stoneham Soccer Club Inc

Analysis

Stoneham Soccer Club Inc is a registered charity in United States, based in Stoneham, MA. It received its IRS tax-exemption ruling in May 2019, 7 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, Stoneham Soccer Club Inc reported income of $130k and spending of $122k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $144k to $130k (-9.6%), an average of -9.6% a year. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Stoneham Soccer Club Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Midtown Parks ($130k), LNBB Inc ($130k) and Anchorage Volleyball Officials Association ($130k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 1.0% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.