Chequamegon Soccer Club Inc

Analysis

Chequamegon Soccer Club Inc is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in November 2006, 20 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, Chequamegon Soccer Club Inc reported income of $54k and spending of $50k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $54k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chequamegon Soccer Club Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within WI. Charities of a similar size with the same main cause include Northwest Rio Grande Soccer League ($54k), Society of Paper Money Collectors I NC ($54k) and Skyline Baseball Club ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 95% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.