Centex Storm Soccer Club Inc

Analysis

Centex Storm Soccer Club Inc is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in November 2021, 5 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 2024, Centex Storm Soccer Club Inc reported income of $298k and spending of $251k, spending 84% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $215k to $298k (+38%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 77% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Centex Storm Soccer Club Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Play for Hope ($298k), Illinois High School Rodeoassociation Inc ($298k) and Road Runners Club of America ($298k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.