Celtic Storm Soccer Club

Analysis

Celtic Storm Soccer Club is a registered charity in United States, based in American Fork, UT. It received its IRS tax-exemption ruling in August 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Celtic Storm Soccer Club reported income of $2.3m and spending of $1.7m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $2.3m (+748%), an average of +71% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Celtic Storm Soccer Club sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within UT. Charities of a similar size with the same main cause include New Orleans Bowl Inc ($2.3m), Td4tucson ($2.3m) and RRFT Enterprise ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $172k (10% of expenses). At year end it held assets of $1.1m against liabilities of $5,596, net assets of $1.1m.