Solon Lightning Soccer Club

Analysis

Solon Lightning Soccer Club is a registered charity in United States, based in Solon, OH. It received its IRS tax-exemption ruling in January 2002, 24 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, Solon Lightning Soccer Club reported income of $159k and spending of $124k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $97k to $159k (+64%), an average of +64% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Solon Lightning Soccer Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within OH. Charities of a similar size with the same main cause include Mokena Baseball-Softball Association ($159k), South Fayette Baseball & Softball Association ($159k) and Brockport Soccer Club Inc ($159k).

At year end it held assets of $135k against liabilities of $0, net assets of $135k.