Portage Soccer Club

Analysis

Portage Soccer Club is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in August 1991, 35 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 July 2023, Portage Soccer Club reported income of $547k and spending of $344k, leaving 37% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $427k to $547k (+28%), an average of +6.4% a year. The sharpest change came in the year to July 2022, when income rose by 67%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Portage Soccer Club sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Avon Canton Farmington Youth Hockey Association Inc ($547k), Scyh Inc ($547k) and Baltimore Lacrosse Club Inc ($547k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 102% of the total. At year end it held assets of $1.1m against liabilities of $8,865, net assets of $1.1m.