Orono Westonka Soccer Club Inc

Analysis

Orono Westonka Soccer Club Inc is a registered charity in United States, based in Long Lake, MN. It received its IRS tax-exemption ruling in January 2013, 13 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 August 2023, Orono Westonka Soccer Club Inc reported income of $692k and spending of $685k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $616k to $692k (+12%), an average of +2.9% a year. The sharpest change came in the year to August 2021, when income rose by 104%. 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, Orono Westonka Soccer Club Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include Metropolitan Equestrian Team Inc ($692k), Police Athletics for Community Engagement ($692k) and Carolina Rise ($692k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $76k (11% of expenses). Other salaries and wages came to $95k. At year end it held assets of $606k against liabilities of $150k, net assets of $456k. It reported 31 employees.