Dr Phillips Soccer Club Corporation

Analysis

Dr Phillips Soccer Club Corporation is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 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, Dr Phillips Soccer Club Corporation reported income of $177k and spending of $168k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $177k (+8.1%), an average of +8.1% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dr Phillips Soccer Club Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include North Allegheny Rowing Association ($177k), Little League Baseball Inc ($177k) and Pittsburgh Ice ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. At year end it held assets of $68k against liabilities of $35k, net assets of $33k.