West Florida Soccer Club Inc

Analysis

West Florida Soccer Club Inc is a registered charity in United States, based in Pace, FL. It received its IRS tax-exemption ruling in August 1997, 29 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, West Florida Soccer Club Inc reported income of $401k and spending of $349k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $401k (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 54%. 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, West Florida Soccer Club Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Half Moon Bay Beautification Committee Inc ($401k), Western States Trail Foundation ($401k) and Blue Eagle Swim Team ($401k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $117k (33% of expenses). At year end it held assets of $184k against liabilities of $0, net assets of $184k.