Vernon Soccer Club Inc

Analysis

Vernon Soccer Club Inc is a registered charity in United States, based in Vernon, CT. It received its IRS tax-exemption ruling in April 2015, 11 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 December 2023, Vernon Soccer Club Inc reported income of $61k and spending of $46k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $61k (-11%), an average of -11% a year. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Vernon Soccer Club Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within CT. Charities of a similar size with the same main cause include Grand Forks Girls Fastpitch Association ($61k), One King Sports Inc ($61k) and Out Cycling Inc ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.4% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.