Nether United Soccer Club

Analysis

Nether United Soccer Club is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in May 1986, 40 years ago. 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, Nether United Soccer Club reported income of $975k and spending of $924k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $465k to $975k (+110%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nether United Soccer Club sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Promise for Haiti Inc ($975k), Hillel the Foundation for Jewish Campus Life ($975k) and Young Womens Christian Association of Sweetwater County ($974k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $141k (15% of expenses). At year end it held assets of $399k against liabilities of $160k, net assets of $239k. It reported 5 employees.