Black Hills Soccer Federation Inc

Analysis

Black Hills Soccer Federation Inc is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in October 1981, 45 years ago. 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, Black Hills Soccer Federation Inc reported income of $928k and spending of $919k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $867k to $928k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Black Hills Soccer Federation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within SD. Charities of a similar size with the same main cause include Playhouse 2000 Inc ($928k), New Hope Development Day Care Center Inc ($928k) and Threshold Inc ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.3% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $48k (5.2% of expenses). Other salaries and wages came to $266k. At year end it held assets of $2.1m against liabilities of $57k, net assets of $2.1m. It reported 43 employees.