West Chester Soccer Club Inc

Analysis

West Chester Soccer Club Inc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in April 1990, 36 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 May 2023, West Chester Soccer Club Inc reported income of $3.6m and spending of $3.3m, spending 92% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.2m to $3.6m (+13%), an average of +3.1% a year. The sharpest change came in the year to May 2022, when income rose by 30%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Chester Soccer Club Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Special Olympics Hawaii Inc ($3.6m), Montgomery Soccer Inc ($3.6m) and Gold Medal Karate Inc ($3.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 4.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $269k (8.0% of expenses). At year end it held assets of $4.7m against liabilities of $1.1m, net assets of $3.6m. It reported 8 employees.