Vernon Hills Soccer Club

Analysis

Vernon Hills Soccer Club is a registered charity in United States, based in Vernon Hills, IL. It received its IRS tax-exemption ruling in October 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 2024, Vernon Hills Soccer Club reported income of $183k and spending of $164k, spending 89% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $521k to $183k (-65%), an average of -19% a year. The sharpest change came in the year to May 2021, when income dropped by 73%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vernon Hills Soccer Club sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Aloha Aquatics - Mililani ($183k), Shenango Athletic Association Inc ($183k) and Christian Athletic Association Inc ($183k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. At year end it held assets of $384k against liabilities of $5,513, net assets of $378k.