Technical Soccer Club

Analysis

Technical Soccer Club is a registered charity in United States, based in Camden, SC. It received its IRS tax-exemption ruling in May 2016, 10 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, Technical Soccer Club reported income of $287k and spending of $258k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $287k (+144%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 205%. 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, Technical Soccer Club sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within SC. Charities of a similar size with the same main cause include Just Cheer All Stars Inc ($287k), South Texas Soccer Referees Inc ($287k) and Heat Helping Encourage Athletes of Today ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 93% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.