Edmond Soccer Club Inc

Analysis

Edmond Soccer Club Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in March 1979, 47 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 2023, Edmond Soccer Club Inc reported income of $1.3m and spending of $1.5m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $855k to $1.3m (+55%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Edmond Soccer Club Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include Team Image Synchronized Skating Teams Ltd ($1.3m), Montclair United Soccer Club Inc ($1.3m) and South Carolina Youth Soccer Association Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $472k against liabilities of $25k, net assets of $447k.