Elite Soccer League Inc

Analysis

Elite Soccer League Inc is a registered charity in United States, based in Laguna Hills, CA. It received its IRS tax-exemption ruling in September 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 (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, Elite Soccer League Inc reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $3.1m (+171%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Elite Soccer League Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Special Olympics Nebraska Inc ($3.1m), First in Michigan ($3.1m) and Team Illinois Hockey Club ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $242k (8.3% of expenses). Other salaries and wages came to $177k. At year end it held assets of $578k against liabilities of $61k, net assets of $517k. It reported 3 employees.