Los Angeles Bulls Soccer Club

Analysis

Los Angeles Bulls Soccer Club is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in May 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, Los Angeles Bulls Soccer Club reported income of $1.4m and spending of $1.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $706k to $1.4m (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Los Angeles Bulls Soccer Club sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Desert Impact Booster ($1.4m), North County Sports Association Inc ($1.4m) and Lionville Youth Association ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $244k (19% of expenses). Other salaries and wages came to $532k. At year end it held assets of $1.4m against liabilities of $150k, net assets of $1.3m. It reported 26 employees.