Lowen Soccer Club

Analysis

Lowen Soccer Club is a registered charity in United States, based in San Bruno, CA. It received its IRS tax-exemption ruling in June 2020, 6 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, Lowen Soccer Club reported income of $238k and spending of $143k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $238k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 63% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lowen Soccer Club sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include USA Climbing Foundation ($237k), Pirate Youth Baseball Club LLC ($238k) and North Shore In-Line Marathon Inc ($237k).

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 $256k against liabilities of $146, net assets of $256k.