Charlotte County Soccer Federation

Analysis

Charlotte County Soccer Federation is a registered charity in United States, based in Pt Charlotte, FL. It received its IRS tax-exemption ruling in May 2004, 22 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, Charlotte County Soccer Federation reported income of $294k and spending of $281k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $294k (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Charlotte County Soccer Federation 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 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Rye Brook Youth Soccer Organization Inc ($294k), Berwick Area Swimming Pool Association ($294k) and National Tennis Foundation Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 86% of the total. At year end it held assets of $193k against liabilities of $10k, net assets of $183k.