Elk Grove United Soccer Club

Analysis

Elk Grove United Soccer Club is a registered charity in United States, based in Elk Grove, CA. It received its IRS tax-exemption ruling in May 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 March 2024, Elk Grove United Soccer Club reported income of $270k and spending of $295k, spending 109% of what it took in. Across the 3 years on record, from March 2022 to March 2024, income grew from $179k to $270k (+51%), an average of +23% a year. The sharpest change came in the year to March 2023, when income rose by 47%. 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, Elk Grove United Soccer Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include International Star Class Yacht Racing Association Inc ($270k), Loranger Dixie Baseball Inc ($270k) and Aaron Donald 99 Solutions Foundation ($270k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $143k (48% of expenses). At year end it held assets of $48k against liabilities of $0, net assets of $48k.