Penfield Rangers Soccer Club Inc

Analysis

Penfield Rangers Soccer Club Inc is a registered charity in United States, based in Penfield, NY. It received its IRS tax-exemption ruling in February 1984, 42 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 December 2023, Penfield Rangers Soccer Club Inc reported income of $131k and spending of $114k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $115k to $131k (+14%), an average of +14% a year. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Penfield Rangers Soccer Club Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Reeths Puffer Youth Soccer Club Inc ($131k), Mefiyi Foundation ($131k) and Illinois Ultimate ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $153k against liabilities of $0, net assets of $153k.