Royal Palm Beach Soccer Inc

Analysis

Royal Palm Beach Soccer Inc is a registered charity in United States, based in Royal PLM BCH, FL. It received its IRS tax-exemption ruling in September 2000, 26 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 May 2024, Royal Palm Beach Soccer Inc reported income of $691k and spending of $744k, spending 108% of what it took in. Across the 5 years on record, from May 2019 to May 2024, income grew from $294k to $691k (+135%), an average of +24% a year. The sharpest change came in the year to May 2024, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Royal Palm Beach Soccer Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Middle Atlantic States Collegiate Athletic Conference Inc ($690k), Fallbrook Sports Association ($691k) and Ocala International Horse Show Inc ($690k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. At year end it held assets of $164k against liabilities of $63k, net assets of $101k.