Huntsville Soccer Club Inc

Analysis

Huntsville Soccer Club Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Huntsville Soccer Club Inc reported income of $736k and spending of $949k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $502k to $736k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Huntsville Soccer Club Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Cape Cod Camp Corporation ($736k), Friends of the Girl Scouts Trust ($737k) and Building Blocks to Success Corporation ($736k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Other salaries and wages came to $337k. At year end it held assets of $260k against liabilities of $0, net assets of $260k. It reported 53 employees.