Tempo Soccer Club

Analysis

Tempo Soccer Club is a registered charity in United States, based in Tea, SD. It received its IRS tax-exemption ruling in February 2016, 10 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, Tempo Soccer Club reported income of $91k and spending of $76k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $125k to $91k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tempo Soccer Club sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 29th percentile within SD. Charities of a similar size with the same main cause include Struthers Baseball League ($91k), Hillsboro Swim Organization Inc ($91k) and Eastern Collegiate Volleyball Association ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.