Braden River Soccer Club Inc

Analysis

Braden River Soccer Club Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in April 1998, 28 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 June 2024, Braden River Soccer Club Inc reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $850k to $1.5m (+81%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 367%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Braden River Soccer Club Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Datalys Center for Sports Injury Research and Prevention Inc ($1.5m), Illinois Hawks Baseball Association ($1.5m) and Midland Downtown Park Conservancy ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $183k. At year end it held assets of $1.1m against liabilities of $114k, net assets of $983k. It reported 4 employees.