CC United Soccer Club Inc

Analysis

CC United Soccer Club Inc is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in November 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, CC United Soccer Club Inc reported income of $1.3m and spending of $1.1m, spending 82% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $723k to $1.3m (+79%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 37%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, CC United Soccer Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Ulster County Agricultural Society ($1.3m), Hopkinton State Fair Association ($1.3m) and Comal County Fair Association of Texas ($1.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.1% and program service revenue 87% of the total. Other salaries and wages came to $496k. At year end it held assets of $403k against liabilities of $85k, net assets of $318k. It reported 56 employees.