Tennessee Soccer Club Inc

Analysis

Tennessee Soccer Club Inc is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 July 2023, Tennessee Soccer Club Inc reported income of $6.9m and spending of $6.4m, spending 92% of its income. Across the 4 years on record, from June 2019 to July 2023, income grew from $4.2m to $6.9m (+66%), an average of +18% a year. The sharpest change came in the year to July 2022, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tennessee Soccer Club Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Boys & Girls Clubs of the Capital Area Inc ($6.9m), Peaceplayers International ($6.9m) and CHDFS Inc ($6.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $168k (2.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 29 employees.