Spencerport Soccer Club Inc

Analysis

Spencerport Soccer Club Inc is a registered charity in United States, based in Spencerport, NY. It received its IRS tax-exemption ruling in February 2008, 18 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, Spencerport Soccer Club Inc reported income of $239k and spending of $247k, spending 103% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $240k to $239k (-0.6%), an average of -0.3% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spencerport Soccer Club Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include YMCA of Greenville Foundation Inc ($239k), Merryspring Inc ($239k) and Camp Hope Inc ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 97% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.