High Plains Drifters Soccer Club Inc

Analysis

High Plains Drifters Soccer Club Inc is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in October 1995, 31 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, High Plains Drifters Soccer Club Inc reported income of $371k and spending of $373k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $348k to $371k (+6.5%), an average of +1.3% a year. The sharpest change came in the year to June 2024, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, High Plains Drifters Soccer Club Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Dane County Fair Association Corporation ($371k), Hockey in New Jersey Inc ($371k) and Prep High School Hockey Club Inc NFP ($371k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. At year end it held assets of $116k against liabilities of $57k, net assets of $59k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.