Lou Fusz Soccer Club

Analysis

Lou Fusz Soccer Club is a registered charity in United States, based in Earth City, MO. It received its IRS tax-exemption ruling in January 1995, 31 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 2023, Lou Fusz Soccer Club reported income of $9.0m and spending of $8.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $9.0m (+106%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 47%. 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, Lou Fusz Soccer Club sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include City Squash Inc ($8.9m), I J & Jeanne Wagner Jewish Community Center ($9.0m) and Adventure Unlimited ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.5% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $329k (3.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.5m against liabilities of $260k, net assets of $5.3m. It reported 95 employees.