Bolingbrook Soccer Club of Illinois

Analysis

Bolingbrook Soccer Club of Illinois is a registered charity in United States, based in Bolingbrook, IL. It received its IRS tax-exemption ruling in February 2024, 2 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 June 2023, Bolingbrook Soccer Club of Illinois reported income of $617k and spending of $685k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $571k to $617k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2022, when income rose by 387%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bolingbrook Soccer Club of Illinois sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Fort Ritchie Community Center Corporation ($617k), Scarc Guardianship Services Inc ($617k) and Friends of Dog Mountain Inc ($617k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2,850 (0.4% of expenses). At year end it held assets of $329k against liabilities of $0, net assets of $329k.