Southeast Soccer Club

Analysis

Southeast Soccer Club is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2020, 6 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, Southeast Soccer Club reported income of $200k and spending of $207k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $202k to $200k (-1.1%), an average of -0.6% a year. 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, Southeast Soccer Club sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Park Forest Pool Association ($200k), Ngbsa Inc ($200k) and Eatons Neck Youth Club Inc ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $141k against liabilities of $15k, net assets of $126k.