Fishers Soccer Club Inc

Analysis

Fishers Soccer Club Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, Fishers Soccer Club Inc reported income of $4.8m and spending of $4.7m, spending 98% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $2.9m to $4.8m (+67%), an average of +14% a year. The sharpest change came in the year to May 2022, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Fishers Soccer Club Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include Boys & Girls Club of Tracy Inc ($4.8m), Kalamazoo Youth Development Network ($4.8m) and Positive Tomorrows Inc ($4.8m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $154k (3.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $4.7m against liabilities of $2.8m, net assets of $1.9m. It reported 71 employees.