Inter-United Soccer Club

Analysis

Inter-United Soccer Club is a registered charity in United States, based in Palm Coast, FL. It received its IRS tax-exemption ruling in January 1999, 27 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, Inter-United Soccer Club reported income of $303k and spending of $295k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $303k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. 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, Inter-United Soccer Club sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Coldtree Foundation Inc ($303k), Ohs Athletic Booster Club Inc ($303k) and Severn Athletic Club Incorporated ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $20k (6.9% of expenses). At year end it held assets of $74k against liabilities of $0, net assets of $74k.