Woodchips Soccer Club

Analysis

Woodchips Soccer Club is a registered charity in United States, based in Fenton, MO. It received its IRS tax-exemption ruling in December 2003, 23 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 January 2024, Woodchips Soccer Club reported income of $593k and spending of $542k, spending 91% of its income. Across the 5 years on record, from January 2020 to January 2024, income fell from $753k to $593k (-21%), an average of -5.8% a year. The sharpest change came in the year to January 2023, when income dropped by 24%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Woodchips Soccer Club sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within MO. Charities of a similar size with the same main cause include Georgia Middle School Athletic Association Inc ($593k), Wright County Soccer ($593k) and Diamante First Tee Foundation ($593k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $106k (20% of expenses). Other salaries and wages came to $35k. At year end it held assets of $99k against liabilities of $0, net assets of $99k. It reported 9 employees.