Marshalltown Area Soccer Club Inc

Analysis

Marshalltown Area Soccer Club Inc is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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 December 2023, Marshalltown Area Soccer Club Inc reported income of $117k and spending of $126k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $117k (+3.8%), an average of +3.8% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marshalltown Area Soccer Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within IA. Charities of a similar size with the same main cause include PTA Florida Congress ($117k), Alabama Hospice Organization ($117k) and Tunkhannock Township Vol Fire Co ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 83% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.