El Segundo Soccer Club Inc

Analysis

El Segundo Soccer Club Inc is a registered charity in United States, based in El Segundo, CA. 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 (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, El Segundo Soccer Club Inc reported income of $147k and spending of $148k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $783k to $147k (-81%), an average of -57% a year. The sharpest change came in the year to December 2022, when income dropped by 75%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, El Segundo Soccer Club Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Vermont Mountain Bike Advocate Inc ($147k), Ridgefield Lacrosse Inc ($148k) and Sawtooth Sports Foundation Inc ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.

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.