Henlopen Soccer Club Inc

Analysis

Henlopen Soccer Club Inc is a registered charity in United States, based in Nassau, DE. It received its IRS tax-exemption ruling in December 2002, 24 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, Henlopen Soccer Club Inc reported income of $431k and spending of $494k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $228k to $431k (+89%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 40%. 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, Henlopen Soccer Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within DE. Charities of a similar size with the same main cause include Skating Association for the Blind and Handicapped Inc ($431k), Kentucky Aquatics ($431k) and Abundant Life Ranch Inc ($431k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Other salaries and wages came to $67k. At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 1 employees.