Cumberland Soccer Club

Analysis

Cumberland Soccer Club is a registered charity in United States, based in Cumberland, ME. It received its IRS tax-exemption ruling in May 2003, 23 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, Cumberland Soccer Club reported income of $134k and spending of $114k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $134k (+14%), an average of +14% a year. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cumberland Soccer Club sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 38th percentile within ME. Charities of a similar size with the same main cause include Pelham Youth Lacrosse Inc ($134k), All Pono ($134k) and Peachtree City Girls Softball Association ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.