Cainhoy Athletic Soccer Club

Analysis

Cainhoy Athletic Soccer Club is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in June 2009, 17 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, Cainhoy Athletic Soccer Club reported income of $380k and spending of $543k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $382k to $380k (-0.5%), an average of -0.1% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cainhoy Athletic Soccer Club sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within SC. Charities of a similar size with the same main cause include Deity Animal Rescue and Foundation ($380k), Swift Aquatics LLC ($380k) and Commonwealth Baseball Club ($380k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $48k. At year end it held assets of $95k against liabilities of $18k, net assets of $77k. It reported 1 employees.