Dv8 Soccer Club Inc

Analysis

Dv8 Soccer Club Inc is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in August 2014, 12 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, Dv8 Soccer Club Inc reported income of $282k and spending of $304k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $160k to $282k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dv8 Soccer Club Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Pembroke Youth Baseball Inc ($282k), University Place Aquatic Club 2000 ($282k) and Moorhead Youth Baseball Association ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $4,093, net assets of $20k.