West Side Alliance Soccer Club Inc

Analysis

West Side Alliance Soccer Club Inc is a registered charity in United States, based in Sand Springs, OK. It received its IRS tax-exemption ruling in March 2020, 6 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, West Side Alliance Soccer Club Inc reported income of $2.8m and spending of $2.8m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $2.8m (+136%), an average of +19% a year. The sharpest change came in the year to December 2019, when income rose by 60%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Side Alliance Soccer Club Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include United States Sports University Inc ($2.8m), Slammers Futbol Club ($2.8m) and Walnut Creek Soccer Club ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $98k (3.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $199k against liabilities of $152k, net assets of $47k.