Falls Soccer Club

Analysis

Falls Soccer Club is a registered charity in United States, based in Fairless HLS, PA. It received its IRS tax-exemption ruling in May 2019, 7 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 January 2024, Falls Soccer Club reported income of $358k and spending of $309k, spending 86% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $174k to $358k (+106%), an average of +20% a year. The sharpest change came in the year to January 2022, when income rose by 83%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Falls Soccer Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include George Steinbrenner High School Athletic Booster Club Inc ($358k), Dad Vail Regatta Organizing Committee ($358k) and Move Inclusive Dance ($358k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.