Cincinnati Soccer Club Ltd

Analysis

Cincinnati Soccer Club Ltd is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in October 2017, 9 years ago. 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 December 2023, Cincinnati Soccer Club Ltd reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $560k to $1.6m (+179%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cincinnati Soccer Club Ltd sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Metro Traffic Safety Institute Inc ($1.6m), Saint Vincent Depaul Cabrini Conference ($1.6m) and Kidder Creek Orchard Camps Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $353k (23% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.