Mentor Soccer Club

Analysis

Mentor Soccer Club is a registered charity in United States, based in Mentor, OH. It received its IRS tax-exemption ruling in August 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 May 2023, Mentor Soccer Club reported income of $109k and spending of $85k, leaving 22% of income unspent that year. Across the 3 years on record, from May 2021 to May 2023, income grew from $57k to $109k (+92%), an average of +38% a year. The sharpest change came in the year to May 2022, when income rose by 63%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mentor Soccer Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include San Carlos Youth Softball Association Inc ($109k), Streaks Cheer Club ($109k) and Titans Baseball ($109k).

On its Form 990-EZ for the period ending May 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.