Seashore Soccer League Inc

Analysis

Seashore Soccer League Inc is a registered charity in United States, based in Morehead City, NC. It received its IRS tax-exemption ruling in June 2008, 18 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 2022, Seashore Soccer League Inc reported income of $185k and spending of $168k, spending 91% of its income. Across the 2 years on record, from December 2019 to December 2022, income grew from $69k to $185k (+166%), an average of +166% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Seashore Soccer League Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NC. Charities of a similar size with the same main cause include Texas Lightning Youth Soccer ($185k), Liberty Select Basketball Association ($185k) and Wapello County 4-H Exposition Inc ($185k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $197k against liabilities of $3,538, net assets of $194k.