Ormond Beach Soccer Club Inc

Analysis

Ormond Beach Soccer Club Inc is a registered charity in United States, based in Ormond Beach, FL. It received its IRS tax-exemption ruling in November 1981, 45 years ago. 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, Ormond Beach Soccer Club Inc reported income of $332k and spending of $337k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $332k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ormond Beach Soccer Club Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include The North Carolina Writers Network Inc ($332k), Project Ukraine ($332k) and Child Evangelism Fellowship Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.