Fremont Soccer Club

Analysis

Fremont Soccer Club is a registered charity in United States, based in Fremont, NE. It received its IRS tax-exemption ruling in October 2023, 3 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 2024, Fremont Soccer Club reported income of $193k and spending of $222k, spending 115% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $236k to $193k (-18%), an average of -9.7% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fremont Soccer Club sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within NE. Charities of a similar size with the same main cause include Aubrey Area Youth Sports Association ($193k), Mountain Monsters Volleyball Club Inc ($193k) and Richmond Tennis Association ($193k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 92% of the total. Other salaries and wages came to $17k. At year end it held assets of $121k against liabilities of $1,464, net assets of $119k. It reported 1 employees.