Midwest City Soccer Club
Analysis
Midwest City Soccer Club is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Midwest City Soccer Club reported income of $428k and spending of $376k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $428k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 91% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Midwest City Soccer Club sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Open Goal Project ($428k), Perham Area Youth Hockeyassociation ($428k) and Franklin Youth Soccer Association ($428k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 102% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.
Income and spending
Where the income comes from
- Contributions & grants 0.1%
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Open Goal Project | Washington | $428k |
| Perham Area Youth Hockeyassociation | Perham | $428k |
| Franklin Youth Soccer Association | Franklin | $428k |
| Foothills Gymnastics Association | Chandler | $428k |