Plymouth Soccer Club Inc

Analysis

Plymouth Soccer Club Inc is a registered charity in United States, based in Plymouth, MI. It received its IRS tax-exemption ruling in September 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 June 2023, Plymouth Soccer Club Inc reported income of $1.2m and spending of $736k, leaving 40% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $870k to $1.2m (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 68% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Plymouth 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 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Mount Zion Economic Community Center Inc ($1.2m), Montana Youth Soccer Association ($1.2m) and Balance 180 Gymnastics and Sports Academy ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $835k against liabilities of $0, net assets of $835k.