Red Star Soccer Club

Analysis

Red Star Soccer Club is a registered charity in United States, based in Pleasant PR, WI. It received its IRS tax-exemption ruling in July 2014, 12 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, Red Star Soccer Club reported income of $205k and spending of $166k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $79k to $205k (+158%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Red Star Soccer Club sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Monongalia County Fair Association Inc ($205k), Camp Tuckabatchee Inc ($205k) and Southern Lehigh Community Pool Association ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $193k against liabilities of $0, net assets of $193k.