Conejo Valley United Soccer Club

Analysis

Conejo Valley United Soccer Club is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in August 1991, 35 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 March 2024, Conejo Valley United Soccer Club reported income of $1.4m and spending of $1.5m, spending 103% of its income. Across the 6 years on record, from March 2019 to March 2024, income fell from $1.5m to $1.4m (-3.8%), an average of -0.8% a year. The sharpest change came in the year to March 2022, when income rose by 56%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Conejo Valley United Soccer Club sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Camp Young Judaea Midwest Inc ($1.4m), Prep Inc ($1.4m) and American Youth Football Inc ($1.4m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 84% and program service revenue 15% of the total. At year end it held assets of $178k against liabilities of $300, net assets of $177k.