Dynamo Soccer Club

Analysis

Dynamo Soccer Club is a registered charity in United States, based in Mechanicsville, VA. It received its IRS tax-exemption ruling in April 2009, 17 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, Dynamo Soccer Club reported income of $321k and spending of $236k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $321k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dynamo Soccer Club sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within VA. Charities of a similar size with the same main cause include Rising Tide Effect ($321k), Maine Fishermens Forum ($321k) and Traverse Area Community Sailing ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $308k against liabilities of $104k, net assets of $204k.