Ela Soccer Club

Analysis

Ela Soccer Club is a registered charity in United States, based in Lake Zurich, IL. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Ela Soccer Club reported income of $2.2m and spending of $2.0m, spending 89% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.8m to $2.2m (+23%), an average of +4.3% a year. The sharpest change came in the year to June 2020, when income dropped by 16%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ela Soccer Club sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Hunts Point Alliance for Children ($2.2m), MV Youth Inc ($2.2m) and Zuni Youth Enrichment Project ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $287k (15% of expenses). Other salaries and wages came to $204k. At year end it held assets of $4.9m against liabilities of $2.6m, net assets of $2.3m. It reported 32 employees.