East Moline Silvis Soccer Club

Analysis

East Moline Silvis Soccer Club is a registered charity in United States, based in East Moline, IL. It received its IRS tax-exemption ruling in October 1990, 36 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 June 2024, East Moline Silvis Soccer Club reported income of $147k and spending of $200k, spending 136% of what it took in. Across the 3 years on record, from June 2019 to June 2024, income fell from $207k to $147k (-29%), an average of -16% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. 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, East Moline Silvis Soccer Club 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 47th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Metropolitan High School Activities Association ($147k), Wall Knights Family Foundation Inc ($147k) and Recreation Camp Inc ($147k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $245k against liabilities of -$245, net assets of $245k.