Adel-Desoto Soccer Club

Analysis

Adel-Desoto Soccer Club is a registered charity in United States, based in Adel, IA. It received its IRS tax-exemption ruling in July 2000, 26 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, Adel-Desoto Soccer Club reported income of $120k and spending of $109k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $137k to $120k (-12%), an average of -12% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Adel-Desoto Soccer Club sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within IA. Charities of a similar size with the same main cause include Millbrook Youth Hockey Association Inc ($120k), Project Surf Camp ($120k) and Little League Baseball Inc ($120k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.5% and program service revenue 84% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.