Kokomo Soccer Club Inc

Analysis

Kokomo Soccer Club Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in July 1997, 29 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, Kokomo Soccer Club Inc reported income of $145k and spending of $113k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $145k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kokomo Soccer Club Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Birmingham Bloomfield Soccer Club ($145k), Villa Hills Longhorns Athletic Association Inc ($145k) and American Youth Football Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.2% of the total. At year end it held assets of $227k against liabilities of $255, net assets of $227k.