St Croix Soccer Club Inc

Analysis

St Croix Soccer Club Inc is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in April 2009, 17 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 July 2023, St Croix Soccer Club Inc reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.0m to $3.1m (+57%), an average of +12% a year. The sharpest change came in the year to July 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St Croix Soccer Club Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Tennis Outreach Programs of Puget Sound ($3.1m), Washington Timbers Football Club ($3.1m) and Solano County Fair Association ($3.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $124k (4.2% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.3m against liabilities of $41k, net assets of $1.2m. It reported 109 employees.