Capital Soccer Club Inc

Analysis

Capital Soccer Club Inc is a registered charity in United States, based in Montpelier, VT. It received its IRS tax-exemption ruling in January 2006, 20 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 September 2023, Capital Soccer Club Inc reported income of $441k and spending of $457k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $352k to $441k (+25%), an average of +5.8% a year. The sharpest change came in the year to September 2022, when income rose by 65%. 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, Capital Soccer Club Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within VT. Charities of a similar size with the same main cause include Houghton County Fair Association ($441k), Sachem Youth Soccer League Inc ($441k) and Radnor Aquatic Club Inc ($441k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $102k (22% of expenses). Other salaries and wages came to $52k. At year end it held assets of $279k against liabilities of $50k, net assets of $230k. It reported 4 employees.