Clemson Area Soccer Club Inc

Analysis

Clemson Area Soccer Club Inc is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in November 2001, 25 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 December 2022, Clemson Area Soccer Club Inc reported income of $230k and spending of $226k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $183k to $230k (+26%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Clemson Area Soccer Club Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 62nd percentile within SC. Charities of a similar size with the same main cause include Tewksbury Girls Softball Incorporated ($230k), Freewheelers Cycling Association ($230k) and 5 Star Soccer Academy Corp ($230k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.