Akron Inner City Soccer Club

Analysis

Akron Inner City Soccer Club is a registered charity in United States, based in Fairlawn, OH. It received its IRS tax-exemption ruling in October 1999, 27 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 December 2023, Akron Inner City Soccer Club reported income of $135k and spending of $93k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $135k (+86%), an average of +86% a year. The sharpest change came in the year to December 2023, when income rose by 86%. 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, Akron Inner City Soccer Club sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Memorial 7 Inc ($135k), American Youth Football Inc ($135k) and United States National Rifle Team ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.4% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.