Ellicott City Soccer Club Inc

Analysis

Ellicott City Soccer Club Inc is a registered charity in United States, based in Elkridge, MD. 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 June 2023, Ellicott City Soccer Club Inc reported income of $768k and spending of $828k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $839k to $768k (-8.4%), an average of -2.9% a year. 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, Ellicott City Soccer Club Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Lewis County Agricultural Society ($768k), Maui United Soccer Club ($768k) and San Mateo County Parks and Recreation Foundation ($768k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $65k (7.8% of expenses). Other salaries and wages came to $336k. At year end it held assets of $201k against liabilities of $239k, net assets of -$38k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.