Passion Soccer Club Inc

Analysis

Passion Soccer Club Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in February 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, Passion Soccer Club Inc reported income of $230k and spending of $3,575, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $328k to $230k (-30%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 28% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Passion Soccer Club Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Ogden Cycle Association ($230k), 5 Star Soccer Academy Corp ($230k) and Mid-Penn Motion ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.