Coastal Kicks Soccer Inc

Analysis

Coastal Kicks Soccer Inc is a registered charity in United States, based in Atlantic BCH, FL. It received its IRS tax-exemption ruling in January 2017, 9 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, Coastal Kicks Soccer Inc reported income of $332k and spending of $409k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $332k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 130% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coastal Kicks Soccer Inc 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 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Niagara Wheatfield Athletics Alumni Inc ($332k), Camp Putnam Inc ($332k) and Nolan County Livestock Association Inc ($332k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $58k (14% of expenses). Other salaries and wages came to $206k. At year end it held assets of $17k against liabilities of $17k, net assets of $0.