Rise Soccer Club Inc

Analysis

Rise Soccer Club Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2000, 26 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, Rise Soccer Club Inc reported income of $3.8m and spending of $3.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.8m (+14%), an average of +3.3% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rise Soccer Club Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Special Olympics Montana Inc ($3.8m), American Philatelic Society ($3.8m) and Washington International Horseshow Association Ltd ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $198k (5.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $3.5m against liabilities of $516k, net assets of $2.9m. It reported 49 employees.