Bayside Soccer Club Inc

Analysis

Bayside Soccer Club Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in April 2023, 3 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 July 2024, Bayside Soccer Club Inc reported income of $484k and spending of $370k, leaving 24% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $268k to $484k (+81%), an average of +13% a year. The sharpest change came in the year to July 2020, when income rose by 53%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bayside Soccer Club Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include MV Sharks Baseball Foundation ($484k), Morton United FC NFP ($484k) and RPHS All-Sports Booster Club ($484k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $484k against liabilities of $0, net assets of $484k.