Broken Arrow Soccer Club

Analysis

Broken Arrow Soccer Club is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in February 2016, 10 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, Broken Arrow Soccer Club reported income of $670k and spending of $691k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $480k to $670k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 38%. 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, Broken Arrow Soccer Club 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 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include West Coast Soccer Club ($670k), North Alabama Spikers Association Inc ($670k) and Sunflower Sports Association ($670k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $53k (7.7% of expenses). Other salaries and wages came to $57k. At year end it held assets of $309k against liabilities of $39k, net assets of $269k. It reported 4 employees.