Basin United Soccer Club Inc

Analysis

Basin United Soccer Club Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in October 2003, 23 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, Basin United Soccer Club Inc reported income of $330k and spending of $348k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $330k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Basin United Soccer Club Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OR. Charities of a similar size with the same main cause include Cooper Spur Race Team Inc ($330k), Solano Aquatic Sea Otters ($330k) and North Carolina Soccer Referees Association Inc ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.9% and program service revenue 72% of the total. Other salaries and wages came to $101k. At year end it held assets of $594k against liabilities of $5,474, net assets of $588k. It reported 10 employees.