Milwaukee Kickers Soccer Club Inc

Analysis

Milwaukee Kickers Soccer Club Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in February 1973, 53 years ago. 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 July 2023, Milwaukee Kickers Soccer Club Inc reported income of $4.4m and spending of $4.6m, spending 104% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $3.6m to $4.4m (+22%), an average of +6.9% a year. The sharpest change came in the year to July 2022, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Milwaukee Kickers Soccer Club Inc 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 91st percentile, and in the 92nd percentile within WI. Charities of a similar size with the same main cause include YWCA of Eastern Union County ($4.4m), Genetics Society of America Incorporated ($4.4m) and Florida Chamber of Commerce Foundation Inc ($4.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 14% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $175k (3.8% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $5.6m against liabilities of $2.8m, net assets of $2.8m. It reported 244 employees.