Lower Merion Soccer Club

Analysis

Lower Merion Soccer Club is a registered charity in United States, based in Bryn Mawr, PA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lower Merion Soccer Club reported income of $1.7m and spending of $1.9m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Lower Merion Soccer Club sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Didtechnology Inc ($1.7m), Boy Scouts of America ($1.7m) and Starbase Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $110k (5.6% of expenses). Other salaries and wages came to $529k. At year end it held assets of $316k against liabilities of $0, net assets of $316k. It reported 17 employees.