Town of Poughkeepsie Soccer Club Inc

Analysis

Town of Poughkeepsie Soccer Club Inc is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in June 1981, 45 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 August 2023, Town of Poughkeepsie Soccer Club Inc reported income of $224k and spending of $185k, spending 83% of its income. Across the 2 years on record, from August 2022 to August 2023, income fell from $229k to $224k (-2.1%), an average of -2.1% a year. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Town of Poughkeepsie Soccer Club Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Kansas City Disc Golf Inc ($224k), Midcourse Correction Challenge Camp ($224k) and Hamline Midway Living at Home-Block Nurse Program ($224k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 2.2% and program service revenue 87% of the total. At year end it held assets of $350k against liabilities of $0, net assets of $350k.