North Shore United Soccer Club Inc

Analysis

North Shore United Soccer Club Inc is a registered charity in United States, based in Cedarburg, WI. It received its IRS tax-exemption ruling in January 1994, 32 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 2024, North Shore United Soccer Club Inc reported income of $1.6m and spending of $1.6m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $991k to $1.6m (+65%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Shore United Soccer Club Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Pine Island Camp Inc ($1.6m), Ken Jewish Community ($1.6m) and Greater Louisville Sports Commission ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $106k (6.8% of expenses). Other salaries and wages came to $473k. At year end it held assets of $869k against liabilities of $292k, net assets of $576k. It reported 15 employees.