Waunakee Area Soccer Club Inc

Analysis

Waunakee Area Soccer Club Inc is a registered charity in United States, based in Waunakee, WI. It received its IRS tax-exemption ruling in May 2018, 8 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, Waunakee Area Soccer Club Inc reported income of $391k and spending of $492k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $231k to $391k (+70%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 91%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Waunakee Area Soccer Club Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within WI. Charities of a similar size with the same main cause include Dubuque Soccer Club ($391k), Gymnastics Revolution Parents Association ($391k) and Cinnaminson Soccer Club ($391k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $170k. At year end it held assets of $218k against liabilities of $0, net assets of $218k. It reported 4 employees.