Hoover Shades Mountain Soccer Club Inc

Analysis

Hoover Shades Mountain Soccer Club Inc is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in July 2005, 21 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, Hoover Shades Mountain Soccer Club Inc reported income of $912k and spending of $889k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $656k to $912k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hoover Shades Mountain Soccer Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within AL. Charities of a similar size with the same main cause include District 10 M a H a ($911k), Kids America Inc ($914k) and Soccer Partners America ($911k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 95% of the total. Other salaries and wages came to $185k. At year end it held assets of $265k against liabilities of $55k, net assets of $210k. It reported 2 employees.