Augusta Arsenal Soccer Club Inc

Analysis

Augusta Arsenal Soccer Club Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Augusta Arsenal Soccer Club Inc reported income of $819k and spending of $756k, spending 92% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $409k to $819k (+100%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Augusta Arsenal Soccer Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Children and Screens-Institute of Digital Media and Child Developmen ($818k), The Venture Out Project Inc ($819k) and Computers4kids ($818k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $67k (8.9% of expenses). At year end it held assets of $421k against liabilities of $0, net assets of $421k. It reported 1 employees.