Chicago Edge Soccer Club

Analysis

Chicago Edge Soccer Club is a registered charity in United States, based in River Forest, IL. It received its IRS tax-exemption ruling in August 1998, 28 years ago. 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 May 2023, Chicago Edge Soccer Club reported income of $1.3m and spending of $1.2m, spending 89% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.2m to $1.3m (+11%), an average of +2.6% a year. The sharpest change came in the year to May 2022, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chicago Edge Soccer Club sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Destination & Travel Foundation ($1.3m), Harlem Week Inc ($1.3m) and Old Colony Library Network Inc ($1.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 7.8% and program service revenue 92% of the total. Other salaries and wages came to $607k. At year end it held assets of $1.1m against liabilities of $385k, net assets of $720k. It reported 14 employees.