Greater Ft Myers Soccer Club

Analysis

Greater Ft Myers Soccer Club is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in August 1985, 41 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 March 2023, Greater Ft Myers Soccer Club reported income of $208k and spending of $214k, spending 103% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $195k to $208k (+6.7%), an average of +2.2% a year. The sharpest change came in the year to March 2022, when income rose by 87%. 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, Greater Ft Myers Soccer Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include KCV Cycling Club Inc ($208k), Three Village Youth Lacrosse Inc ($208k) and Simi Valley Bulldogs Football & Cheer ($208k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $2,700 (1.3% of expenses). At year end it held assets of $36k against liabilities of $0, net assets of $36k.