Fort Wayne Sport Club Youth Soccer Inc

Analysis

Fort Wayne Sport Club Youth Soccer Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in February 2012, 14 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 December 2023, Fort Wayne Sport Club Youth Soccer Inc reported income of $928k and spending of $856k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $784k to $928k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Wayne Sport Club Youth Soccer Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include Franklin-Simpson Parks Board ($927k), Evansville Parks Foundation Inc ($929k) and Southwest Athletics Inc ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 91% of the total. Other salaries and wages came to $32k. At year end it held assets of $1.2m against liabilities of $26k, net assets of $1.2m. It reported 1 employees.