Vestavia Hills Soccer Club Incorporated

Analysis

Vestavia Hills Soccer Club Incorporated is a registered charity in United States, based in Vestavia HLS, AL. It received its IRS tax-exemption ruling in June 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, Vestavia Hills Soccer Club Incorporated reported income of $2.3m and spending of $2.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.3m (+65%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 53%. 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, Vestavia Hills Soccer Club Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 91st percentile within AL. Charities of a similar size with the same main cause include Sioux City Parks & Recreation Foundation Inc ($2.3m), Atlanta Youth Soccer Association Inc ($2.3m) and Wharton County Youth Fair and Exposition ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $226k (11% of expenses). Other salaries and wages came to $275k. At year end it held assets of $1.3m against liabilities of $28k, net assets of $1.3m. It reported 8 employees.