Keliix Intra Soccer Club

Analysis

Keliix Intra Soccer Club is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in January 2001, 25 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, Keliix Intra Soccer Club reported income of $881k and spending of $865k, spending 98% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $699k to $881k (+26%), an average of +6.0% a year. The sharpest change came in the year to July 2022, when income rose by 22%. 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, Keliix Intra Soccer Club sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Shippenburg Community Fair Inc ($880k), Starlights Skating Club ($881k) and Wayland Community Pool Inc ($880k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $88k (10% of expenses). Other salaries and wages came to $269k. At year end it held assets of $264k against liabilities of $76k, net assets of $188k. It reported 28 employees.