Aurora Arsenal Soccer Club Inc

Analysis

Aurora Arsenal Soccer Club Inc is a registered charity in United States, based in East Aurora, NY. It received its IRS tax-exemption ruling in March 2023, 3 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, Aurora Arsenal Soccer Club Inc reported income of $91k and spending of $99k, spending 108% of what it took in. Across the 2 years on record, from August 2021 to August 2023, income grew from $77k to $91k (+19%), an average of +19% a year. The sharpest change came in the year to August 2023, when income rose by 19%. Over the whole period it spent 59% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Aurora Arsenal Soccer Club Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Costa Mesa Community Athletics Foundation ($91k), Harlan Trap Team ($92k) and Mukwonago Wrestling Club Inc ($91k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 8.0% and program service revenue 92% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.