Rev Soccer Club

Analysis

Rev Soccer Club is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in November 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 July 2023, Rev Soccer Club reported income of $4.1m and spending of $3.5m, spending 86% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $4.5m to $4.1m (-9.3%), an average of -2.4% a year. The sharpest change came in the year to July 2020, when income dropped by 24%. 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, Rev Soccer Club sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Adult Ice Hockey Federation Ltd ($4.1m), Flying Horse Farms ($4.1m) and Waterville Valley Black & Blue Trail Smashers-Snowsports Edu FDN ($4.1m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $101k (2.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.0m against liabilities of $1.1m, net assets of $902k. It reported 140 employees.