Soccer Club of Reedsburg Inc

Analysis

Soccer Club of Reedsburg Inc is a registered charity in United States, based in Reedsburg, WI. It received its IRS tax-exemption ruling in November 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, Soccer Club of Reedsburg Inc reported income of $52k and spending of $60k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $52k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Soccer Club of Reedsburg Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within WI. Charities of a similar size with the same main cause include Klein Support Groups Inc ($52k), Wounded Warrior Outdoor Adventures ($52k) and North Rockland High School Cheer Association ($52k).

At year end it held assets of $33k against liabilities of $0, net assets of $33k.