Commerce Wixom Wolverine Walled Lake Soccer Association

Analysis

Commerce Wixom Wolverine Walled Lake Soccer Association is a registered charity in United States, based in Walled Lake, MI. It received its IRS tax-exemption ruling in October 2000, 26 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, Commerce Wixom Wolverine Walled Lake Soccer Association reported income of $443k and spending of $455k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $960k to $443k (-54%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 68%. 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, Commerce Wixom Wolverine Walled Lake Soccer Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Georgetown Agricultural Fair Association Inc ($443k), LA Mesa Park and Recreation Foundation ($443k) and United States Bowling Congress Inc ($443k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.