Phoenixville Area Soccer Club Inc

Analysis

Phoenixville Area Soccer Club Inc is a registered charity in United States, based in Phoenixville, PA. It received its IRS tax-exemption ruling in June 2012, 14 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, Phoenixville Area Soccer Club Inc reported income of $784k and spending of $634k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $491k to $784k (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Phoenixville Area Soccer Club Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Bowhunting Preservation Alliance Inc ($784k), Noblesville Youth Baseball Inc ($784k) and Mount Jubilee Ministriesincorporated ($784k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). At year end it held assets of $815k against liabilities of $0, net assets of $815k. It reported 3 employees.