Lyons Township Soccer Club

Analysis

Lyons Township Soccer Club is a registered charity in United States, based in McCook, IL. It received its IRS tax-exemption ruling in November 2008, 18 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, Lyons Township Soccer Club reported income of $1.1m and spending of $1.2m, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $900k to $1.1m (+25%), an average of +7.8% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lyons Township Soccer Club sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Triangle Community Center Inc ($1.1m), Vysa for Land Preservation ($1.1m) and Mandan Parks and Recreation Foundation Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $56k (4.6% of expenses). At year end it held assets of $420k against liabilities of $448k, net assets of -$27k. It reported 2 employees.