Blast Soccer Club LLC

Analysis

Blast Soccer Club LLC is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in April 2020, 6 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blast Soccer Club LLC reported income of $199k and spending of $246k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $223k to $199k (-10%), an average of -5.4% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blast Soccer Club LLC sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within UT. Charities of a similar size with the same main cause include PTA North Carolina Congress ($199k), Solon Music Parents Club ($199k) and Little League Baseball Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $142k (58% of expenses). At year end it held assets of $88k against liabilities of $0, net assets of $88k. It reported 28 employees.