The Quakertown Soccer Club Inc

Analysis

The Quakertown Soccer Club Inc is a registered charity in United States, based in Quakertown, PA. It received its IRS tax-exemption ruling in September 2005, 21 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, The Quakertown Soccer Club Inc reported income of $267k and spending of $155k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $267k (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 4360%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Quakertown Soccer Club Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Friends of the Valdese Rec ($267k), Grand Forks Curling Club Inc ($267k) and 4sa ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 52% of the total. At year end it held assets of $363k against liabilities of $0, net assets of $363k.