AFC Soccer Inc

Analysis

AFC Soccer Inc is a registered charity in United States, based in Peachtree Cty, GA. It received its IRS tax-exemption ruling in June 1998, 28 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 2023, AFC Soccer Inc reported income of $1.3m and spending of $1.6m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, AFC Soccer Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Northeast Florida Fair Association Inc ($1.3m), Rhode Island Golf Association ($1.3m) and Special Olympics Idaho Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Other salaries and wages came to $615k. At year end it held assets of $202k against liabilities of $0, net assets of $202k. It reported 11 employees.