Wmysa Tko Soccer Club

Analysis

Wmysa Tko Soccer Club is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Wmysa Tko Soccer Club reported income of $843k and spending of $932k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $473k to $843k (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wmysa Tko Soccer Club sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Top Performance Tennis Academy ($842k), Eastchester Soccer Club Inc ($844k) and Pacific Northwest Golf Association Inc ($842k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Other salaries and wages came to $63k. At year end it held assets of $16k against liabilities of $1,404, net assets of $14k. It reported 2 employees.