Clarkstown Soccer Club Inc

Analysis

Clarkstown Soccer Club Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in August 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 June 2023, Clarkstown Soccer Club Inc reported income of $960k and spending of $725k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $376k to $960k (+155%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 76%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Clarkstown Soccer Club Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Partners for Parks Inc ($958k), Hands on Sports Foundation Inc ($960k) and Magic Soccer Club of Indiana ($958k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $116k (16% of expenses). At year end it held assets of $900k against liabilities of $466k, net assets of $434k.