Southern Premier Soccer

Analysis

Southern Premier Soccer is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in October 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, Southern Premier Soccer reported income of $199k and spending of $171k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $141k to $199k (+42%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Premier Soccer sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Ann Arbor Rowing Club ($199k), Teller County Association of Fairs and Shows - Non Profit Corporation ($199k) and Belgrade Babe Ruth League ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $129k against liabilities of $19k, net assets of $110k.