Sailor Soccer Club

Analysis

Sailor Soccer Club is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in June 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 December 2023, Sailor Soccer Club reported income of $103k and spending of $200k, spending 195% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $103k (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 119%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sailor Soccer Club sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within MI. Charities of a similar size with the same main cause include Swanzey Cal Ripken League ($103k), Eastport Yacht Club Foundation Inc ($103k) and Bellwood-Antis Youth Baseball Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Other salaries and wages came to $22k. At year end it held assets of $335k against liabilities of $168, net assets of $335k. It reported 26 employees.