Hernando Soccer Club Inc

Analysis

Hernando Soccer Club Inc is a registered charity in United States, based in Spring Hill, FL. It received its IRS tax-exemption ruling in February 2000, 26 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, Hernando Soccer Club Inc reported income of $382k and spending of $362k, spending 95% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $264k to $382k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hernando Soccer Club Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Olimpiakan Reservner Inc ($382k), Jam Hops Gymnastics Booster Club ($383k) and US Quadball Inc ($382k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $15k. At year end it held assets of $271k against liabilities of $0, net assets of $271k. It reported 1 employees.