Indian River Soccer Club

Analysis

Indian River Soccer Club is a registered charity in United States, based in Ocean View, DE. It received its IRS tax-exemption ruling in March 2000, 26 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, Indian River Soccer Club reported income of $359k and spending of $312k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $359k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Indian River Soccer Club sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 59th percentile within DE. Charities of a similar size with the same main cause include Sibley County Agricultural Association ($359k), Finger Lakes Wrestling Club Inc ($359k) and Viking Booster Association of Miamisburg Ohio ($359k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 62% of the total. At year end it held assets of $473k against liabilities of $108k, net assets of $365k.