McHenry Area Soccer Federation Inc

Analysis

McHenry Area Soccer Federation Inc is a registered charity in United States, based in McHenry, IL. It received its IRS tax-exemption ruling in June 2002, 24 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 June 2023, McHenry Area Soccer Federation Inc reported income of $490k and spending of $463k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $437k to $490k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2023, when income rose by 50%. 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, McHenry Area Soccer Federation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Community Leadership Academy ($490k), Little Compton Community Center Corp ($490k) and USA Softball of St Louis ($490k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.