Soccer Club of Saint Cloud

Analysis

Soccer Club of Saint Cloud is a registered charity in United States, based in Saint Cloud, FL. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Soccer Club of Saint Cloud reported income of $150k and spending of $144k, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $132k to $150k (+14%), an average of +3.3% a year. The sharpest change came in the year to May 2022, when income rose by 62%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Soccer Club of Saint Cloud sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include African Childrens Outreach Inc ($150k), Wells Township Haunted House Inc ($150k) and Glenn Pelham Foundation for Debate Education Inc ($150k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.