Hanover Soccer Club

Analysis

Hanover Soccer Club is a registered charity in United States, based in Hanover, PA. It received its IRS tax-exemption ruling in May 1996, 30 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 2024, Hanover Soccer Club reported income of $252k and spending of $190k, leaving 24% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $171k to $252k (+48%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hanover Soccer Club sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Maywood Youth Athletic Association Inc ($252k), Western Arkansas Tennis Association Inc ($252k) and Junior Rodeo Association of Califor Nia ($252k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 56% of the total. Other salaries and wages came to $41k. At year end it held assets of $202k against liabilities of $0, net assets of $202k. It reported 2 employees.