Park Ridge Soccer NFP

Analysis

Park Ridge Soccer NFP is a registered charity in United States, based in Park Ridge, IL. It received its IRS tax-exemption ruling in February 2004, 22 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 June 2024, Park Ridge Soccer NFP reported income of $1.0m and spending of $965k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $734k to $1.0m (+38%), an average of +6.6% a year. The sharpest change came in the year to June 2020, when income dropped by 34%. 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, Park Ridge Soccer NFP 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 79th percentile within IL. Charities of a similar size with the same main cause include Thunder Youth Hockey ($1.0m), Friends of the Kiddie Park ($1.0m) and Gulf Coast United Soccer Club Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Other salaries and wages came to $420k. At year end it held assets of $1.2m against liabilities of $561k, net assets of $650k. It reported 16 employees.