Ames Soccer Club

Analysis

Ames Soccer Club is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in October 1993, 33 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 June 2024, Ames Soccer Club reported income of $586k and spending of $562k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $385k to $586k (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ames Soccer Club sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include USA Pentathlon Inc ($586k), The Impossible Dream Inc ($586k) and Pikeride Inc ($585k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.6% and program service revenue 95% of the total. Other salaries and wages came to $209k. At year end it held assets of $360k against liabilities of $5,420, net assets of $354k. It reported 2 employees.