Bay United Soccer Club Inc

Analysis

Bay United Soccer Club Inc is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in October 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 2023, Bay United Soccer Club Inc reported income of $424k and spending of $405k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $338k to $424k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bay United Soccer Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Heavens Gait Ranch Inc ($424k), High Country Soccer Assoc ($425k) and Orange Baseball Association Inc ($424k).

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 $92k against liabilities of $0, net assets of $92k.