Titusville Soccer Club Inc

Analysis

Titusville Soccer Club Inc is a registered charity in United States, based in Titusville, FL. It received its IRS tax-exemption ruling in December 1988, 38 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, Titusville Soccer Club Inc reported income of $114k and spending of $98k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $114k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Titusville Soccer Club Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include League of Women Voters of Sacramento ($114k), Hopkinton Public Library Foundation of Hopkinton NH ($114k) and Fishermens Wives Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.