Mako Soccer Club Inc

Analysis

Mako Soccer Club Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in January 1997, 29 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 December 2023, Mako Soccer Club Inc reported income of $577k and spending of $443k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $241k to $577k (+140%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Mako Soccer Club Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include South Dakota Amateur Hockey Association ($577k), Warehouse 505 ($578k) and Youth Outlook ($577k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Other salaries and wages came to $75k. At year end it held assets of $323k against liabilities of $5,630, net assets of $317k. It reported 4 employees.