South Orlando Soccer Club Inc

Analysis

South Orlando Soccer Club Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in April 2007, 19 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, South Orlando Soccer Club Inc reported income of $987k and spending of $817k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $901k to $987k (+9.5%), an average of +2.3% a year. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Orlando Soccer Club Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Laketown Gym ($986k), Fly Fishers International Inc ($988k) and Storyland and Playland Inc ($986k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $5,500 (0.7% of expenses). At year end it held assets of $837k against liabilities of $5,851, net assets of $831k.