Red Arrow Soccer Club

Analysis

Red Arrow Soccer Club is a registered charity in United States, based in Mattawan, MI. It received its IRS tax-exemption ruling in June 2012, 14 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, Red Arrow Soccer Club reported income of $117k and spending of $125k, spending 107% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $64k to $117k (+83%), an average of +35% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Red Arrow Soccer Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Midwest Collegiate Club Volleyball Inc ($117k), Upper Perkiomen Youth Baseball Association ($117k) and Ashland Bayfield County Sportsmen ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.