Southwest Michigan Soccer Club

Analysis

Southwest Michigan Soccer Club is a registered charity in United States, based in Stevensville, MI. It received its IRS tax-exemption ruling in January 2013, 13 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 May 2023, Southwest Michigan Soccer Club reported income of $177k and spending of $142k, spending 80% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $125k to $177k (+41%), an average of +41% a year. The sharpest change came in the year to May 2023, when income rose by 41%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southwest Michigan Soccer Club sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Ny Prospects Baseball Inc ($177k), Milton Legacy Baseball Inc ($177k) and Roseville Gymnastics Booster Association ($177k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 2.3% and program service revenue 96% of the total. At year end it held assets of $169k against liabilities of $685, net assets of $168k.