Louisiana Soccer Club

Analysis

Louisiana Soccer Club is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in May 2010, 16 years ago. 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 2021, Louisiana Soccer Club reported income of $798k and spending of $782k, spending 98% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $697k to $798k (+15%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Louisiana Soccer Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include National Church Residences of ($798k), Eglevsky Ballet Company of L I Inc ($798k) and Center for Spiritual and Ethical Education Inc ($798k).

On its Form 990 for the period ending December 2021, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $245k (31% of expenses). Other salaries and wages came to $64k. At year end it held assets of $263k against liabilities of $30k, net assets of $233k.