Lamorinda Soccer Club

Analysis

Lamorinda Soccer Club is a registered charity in United States, based in Lafayette, CA. It received its IRS tax-exemption ruling in June 1998, 28 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 May 2024, Lamorinda Soccer Club reported income of $1.0m and spending of $871k, spending 85% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $351k to $1.0m (+192%), an average of +31% a year. The sharpest change came in the year to May 2021, when income rose by 240%. 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, Lamorinda Soccer Club sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Pacific Park Conservancy Inc ($1.0m), Wills Park Equestrian Foundation ($1.0m) and Marion County Agricultural Fair Association Inc ($1.0m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 7.0% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $184k (21% of expenses). Other salaries and wages came to $265k. At year end it held assets of $2.0m against liabilities of $491k, net assets of $1.5m. It reported 17 employees.