St Michael Albertville Soccer Club

Analysis

St Michael Albertville Soccer Club is a registered charity in United States, based in Albertville, MN. It received its IRS tax-exemption ruling in December 2007, 19 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, St Michael Albertville Soccer Club reported income of $749k and spending of $633k, spending 85% of its income. Across the 4 years on record, from August 2019 to August 2023, income grew from $518k to $749k (+45%), an average of +13% a year. The sharpest change came in the year to August 2021, when income rose by 47%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, St Michael Albertville Soccer Club sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MN. Charities of a similar size with the same main cause include Fort Hunt Youth Athletic Association Inc ($749k), Northwestern Michigan Fair Association ($750k) and Greater Bay Volleyball ($749k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 1.2% and program service revenue 91% of the total. Other salaries and wages came to $115k. At year end it held assets of $617k against liabilities of $0, net assets of $617k. It reported 19 employees.