River City Rangers Soccer Club Inc

Analysis

River City Rangers Soccer Club Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1999, 27 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, River City Rangers Soccer Club Inc reported income of $262k and spending of $246k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $319k to $262k (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2022, when income dropped by 24%. Over the whole period it spent 113% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, River City Rangers Soccer Club Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Connecticut Your Own Northstars Basketball Program Inc ($262k), Baseball-Softball Fields of Boyne Inc ($262k) and Johnson City Professional Firefighters Charitable Org ($262k).

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 $204k against liabilities of $40k, net assets of $165k.