Cal Elite Soccer Club

Analysis

Cal Elite Soccer Club is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in December 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 (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, Cal Elite Soccer Club reported income of $126k and spending of $129k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $126k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cal Elite Soccer Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($126k), Morristown Wildcats Football Club Inc ($126k) and Placer Aquatics Club Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $21k against liabilities of $18k, net assets of $2,756.