Mount Washington Valley Soccer Club

Analysis

Mount Washington Valley Soccer Club is a registered charity in United States, based in North Conway, NH. It received its IRS tax-exemption ruling in August 2012, 14 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 July 2023, Mount Washington Valley Soccer Club reported income of $109k and spending of $113k, spending 104% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $87k to $109k (+26%), an average of +26% a year. The sharpest change came in the year to July 2023, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mount Washington Valley Soccer Club sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within NH. Charities of a similar size with the same main cause include Healdsburg Aauw Fund ($109k), Beauregard United Soccerassociation Inc ($109k) and Southlake Girls Softball Association Inc ($109k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. At year end it held assets of $33k against liabilities of $380, net assets of $33k.