The Soccer Club of Guilford Inc

Analysis

The Soccer Club of Guilford Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in July 1998, 28 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, The Soccer Club of Guilford Inc reported income of $283k and spending of $286k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $283k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Soccer Club of Guilford Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Ussf New Jersey State Referee Committee Inc ($283k), Santa Barbara House of Hustle ($283k) and Table Tennis America Foundation ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Other salaries and wages came to $112k. At year end it held assets of $279k against liabilities of $28k, net assets of $252k. It reported 25 employees.