Tennessee River Soccer Company

Analysis

Tennessee River Soccer Company is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 2003, 23 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, Tennessee River Soccer Company reported income of $162k and spending of $146k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $162k (+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 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tennessee River Soccer Company sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Leech Lake Area Amateur Hockey Association ($162k), Clydesdale Education Foundation ($162k) and Connecticut Yankees Huskies Hockey Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.