Morrisville Soccer Club Inc

Analysis

Morrisville Soccer Club Inc is a registered charity in United States, based in Morrisville, VT. It received its IRS tax-exemption ruling in June 2006, 20 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, Morrisville Soccer Club Inc reported income of $138k and spending of $147k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $177k to $138k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Morrisville Soccer Club Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 35th percentile within VT. Charities of a similar size with the same main cause include Ferncol Friends Inc ($138k), Little Chute Diamond Club Inc ($138k) and Lower Merion Ice Hockey Club ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 74% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.