Palmer Divide Soccer Club

Analysis

Palmer Divide Soccer Club is a registered charity in United States, based in Monument, CO. It received its IRS tax-exemption ruling in July 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, Palmer Divide Soccer Club reported income of $162k and spending of $156k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $162k (+8.1%), an average of +8.1% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Palmer Divide Soccer Club sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include Aio Foundation ($162k), Des Moines Disc Golf Club ($162k) and Mustang Bullpen Club Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 98% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.