Texas Premier Soccer Club

Analysis

Texas Premier Soccer Club is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in September 2023, 3 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, Texas Premier Soccer Club reported income of $338k and spending of $327k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $53k to $338k (+540%), an average of +86% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Texas Premier Soccer Club sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Tremorsync Inc ($338k), Redlands Swim Team Inc ($338k) and Farragut Baseball Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $42k, net assets of $0.