Laurel Youth Soccer Club

Analysis

Laurel Youth Soccer Club is a registered charity in United States, based in Laurel, MT. It received its IRS tax-exemption ruling in May 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Laurel Youth Soccer Club reported income of $67k and spending of $60k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $67k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Laurel Youth Soccer Club sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within MT. Charities of a similar size with the same main cause include Washington Bridge Unit ($67k), Southern Association of USA Track & Field ($67k) and Mid-Atlantic Rugby Football Union Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 69% of the total. At year end it held assets of $107k against liabilities of $1,884, net assets of $105k.