Laurelhurst Soccer Club Inc

Analysis

Laurelhurst Soccer Club Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2010, 16 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, Laurelhurst Soccer Club Inc reported income of $70k and spending of $72k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $70k (-7.4%), an average of -7.4% a year. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Laurelhurst Soccer Club Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OR. Charities of a similar size with the same main cause include East Troy Youth Football League Inc ($70k), Morristown Lady Colonials Lacrosse Club Inc ($70k) and Hardee County Youth Sports ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.