Colchester Youth Soccer Club Inc

Analysis

Colchester Youth Soccer Club Inc is a registered charity in United States, based in Colchester, VT. It received its IRS tax-exemption ruling in June 2023, 3 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, Colchester Youth Soccer Club Inc reported income of $59k and spending of $62k, spending 104% of its income. Across the 4 years on record, from December 2018 to December 2023, income grew from $42k to $59k (+42%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colchester Youth Soccer Club Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 15th percentile within VT. Charities of a similar size with the same main cause include Middlebury Ski Club Inc ($59k), United States Bowling Congress Inc ($59k) and Friends of Conway Recreation Inc ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.