Valley Stream Soccer Club

Analysis

Valley Stream Soccer Club is a registered charity in United States, based in Valley Stream, NY. It received its IRS tax-exemption ruling in May 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Valley Stream Soccer Club reported income of $311k and spending of $313k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $181k to $311k (+71%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Valley Stream Soccer Club sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include NW Integrity Athletics ($311k), Michigan Thunder FC ($311k) and Tiger Softball Club Inc ($311k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $24k (7.7% of expenses). Other salaries and wages came to $9,370. At year end it held assets of $102k against liabilities of $28k, net assets of $75k.