Spirit Soccer Club of Chester Co

Analysis

Spirit Soccer Club of Chester Co is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Spirit Soccer Club of Chester Co reported income of $6.3m and spending of $5.5m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $6.3m (+205%), an average of +32% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Spirit Soccer Club of Chester Co sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Special Olympics Colorado ($6.3m), Special Olympics Arizona Inc ($6.4m) and Palm Harbor Community Service Agency Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $182k (3.3% of expenses). Other salaries and wages came to $520k. At year end it held assets of $6.0m against liabilities of $2.6m, net assets of $3.5m. It reported 14 employees.