Prairie Cities Soccer League Inc

Analysis

Prairie Cities Soccer League Inc is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in May 1995, 31 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 May 2023, Prairie Cities Soccer League Inc reported income of $1.2m and spending of $1.3m, spending 103% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $224k to $1.2m (+446%), an average of +76% a year. The sharpest change came in the year to May 2021, when income rose by 163%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Prairie Cities Soccer League Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Welles Park Parents Association ($1.2m), Ward County Golf Association ($1.2m) and C2 Attack Volleyball Club ($1.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $85k (6.7% of expenses). Other salaries and wages came to $217k. At year end it held assets of $377k against liabilities of $0, net assets of $377k. It reported 9 employees.