Kirkwood Soccer Club Inc

Analysis

Kirkwood Soccer Club Inc is a registered charity in United States, based in New Castle, DE. It received its IRS tax-exemption ruling in December 1981, 45 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, Kirkwood Soccer Club Inc reported income of $455k and spending of $364k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $691k to $455k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kirkwood Soccer Club Inc 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 69th percentile, and in the 63rd percentile within DE. Charities of a similar size with the same main cause include Chelandouglas Counties Together for Drug Free Youth ($455k), Police Athletic League of Berkeley Heights Inc ($455k) and Boy Scouts of America ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 101% of the total. Other salaries and wages came to $55k. At year end it held assets of $660k against liabilities of $115k, net assets of $546k. It reported 5 employees.