Kingwood Alliance Soccer Club Inc

Analysis

Kingwood Alliance Soccer Club Inc is a registered charity in United States, based in Kingwood, TX. It received its IRS tax-exemption ruling in May 2005, 21 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, Kingwood Alliance Soccer Club Inc reported income of $406k and spending of $389k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $406k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kingwood Alliance Soccer Club Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include 365 Elite ($406k), Dubuque County Hockey Association ($406k) and MN Umpire Association Ltd ($406k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $61k (16% of expenses). At year end it held assets of $142k against liabilities of $0, net assets of $142k.