Oceanside United Soccer Club Inc

Analysis

Oceanside United Soccer Club Inc is a registered charity in United States, based in Oceanside, NY. It received its IRS tax-exemption ruling in June 2011, 15 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, Oceanside United Soccer Club Inc reported income of $671k and spending of $566k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $465k to $671k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 197%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oceanside United Soccer Club Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Gainesville Area Community Tennis Association Inc ($671k), Minnesota High School Cycling League ($671k) and Maranatha Camp and Conference Center Inc ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $571k against liabilities of $0, net assets of $571k.