Sumter Soccer Club

Analysis

Sumter Soccer Club is a registered charity in United States, based in Sumter, SC. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Sumter Soccer Club reported income of $104k and spending of $94k, spending 91% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $65k to $104k (+59%), an average of +59% a year. The sharpest change came in the year to July 2023, when income rose by 59%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sumter Soccer Club sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 43rd percentile within SC. Charities of a similar size with the same main cause include Ohio Elite Soccer Academy Kentucky Inc ($104k), Mexico Trail Riders Inc ($104k) and Greenvillage Youth League Incorporated ($104k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.