Suffield Soccer Club Inc

Analysis

Suffield Soccer Club Inc is a registered charity in United States, based in Suffield, CT. It received its IRS tax-exemption ruling in January 1990, 36 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, Suffield Soccer Club Inc reported income of $90k and spending of $62k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $90k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suffield Soccer Club Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within CT. Charities of a similar size with the same main cause include Nick Begich Scholarship Intern Fund ($90k), Parish Mansions ($90k) and Samaritans Together of Henry County Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 86% of the total. At year end it held assets of $240k against liabilities of $0, net assets of $240k.