Richmondtown Soccer Club Inc

Analysis

Richmondtown Soccer Club Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in August 2011, 15 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 August 2023, Richmondtown Soccer Club Inc reported income of $76k and spending of $65k, spending 85% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $50k to $76k (+53%), an average of +53% a year. The sharpest change came in the year to August 2023, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Richmondtown Soccer Club Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Smyrna-Clayton Little Lass League Inc ($76k), Saucon Valley Soccer League ($76k) and Hampton Ice Hockey Club Inc ($76k).

At year end it held assets of $66k against liabilities of $42k, net assets of $24k.