Evolution Soccer Club

Analysis

Evolution Soccer Club is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in July 2014, 12 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 2023, Evolution Soccer Club reported income of $1.9m and spending of $2.1m, spending 111% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.3m to $1.9m (+48%), an average of +10% a year. The sharpest change came in the year to May 2020, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Evolution Soccer Club sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Florida Top Dog All-Stars Inc ($1.9m), Dickinson Youth Activities Inc ($1.9m) and Silicon Valley Bicycle Coalition ($1.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.5% and program service revenue 95% of the total. At year end it held assets of $1.2m against liabilities of $852k, net assets of $380k.