Doral Soccer Club Inc

Analysis

Doral Soccer Club Inc is a registered charity in United States, based in Doral, FL. It received its IRS tax-exemption ruling in April 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, Doral Soccer Club Inc reported income of $856k and spending of $880k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $746k to $856k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Doral Soccer Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Auglaize County Junior Fair ($856k), HJLS Inc ($857k) and Somerset Youth Hockey Association ($856k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $93k. At year end it held assets of $120k against liabilities of $129k, net assets of -$9,164. It reported 7 employees.