Arizona Soccer Club United Inc

Analysis

Arizona Soccer Club United Inc is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in December 2012, 14 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 April 2023, Arizona Soccer Club United Inc reported income of $2.0m and spending of $2.0m, spending 103% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.4m to $2.0m (+36%), an average of +7.9% a year. The sharpest change came in the year to April 2020, when income rose by 19%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arizona Soccer Club United Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within AZ. Charities of a similar size with the same main cause include Louisiana Fire Soccer Club ($2.0m), The First Tee of Chicago Foundation ($2.0m) and Lamorinda Water Polo Inc ($2.0m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $121k (6.0% of expenses). Other salaries and wages came to $789k. At year end it held assets of $26k against liabilities of $13k, net assets of $13k. It reported 41 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.