Lehigh Valley United FC Soccer Club

Analysis

Lehigh Valley United FC Soccer Club is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2024, Lehigh Valley United FC Soccer Club reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.3m to $1.6m (+30%), an average of +5.5% a year. The sharpest change came in the year to July 2021, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lehigh Valley United FC Soccer Club sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Cougar Foundation ($1.6m), St Marys Methodist Church Foundation Inc ($1.6m) and Midwest Health Foundation ($1.6m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 6.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $177k (11% of expenses). Other salaries and wages came to $55k. At year end it held assets of $696k against liabilities of $199k, net assets of $497k. It reported 4 employees.