Warriors Soccer Club of Michigan Inc

Analysis

Warriors Soccer Club of Michigan Inc is a registered charity in United States, based in Waterford, MI. It received its IRS tax-exemption ruling in December 2021, 5 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 July 2023, Warriors Soccer Club of Michigan Inc reported income of $418k and spending of $334k, leaving 20% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $266k to $418k (+57%), an average of +57% a year. The sharpest change came in the year to July 2023, when income rose by 57%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Warriors Soccer Club of Michigan Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Wyandotte County Fair Assoc Inc ($418k), Oak Brook Soccer Club Incorporated ($418k) and Msa & Circus Arts ($418k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $21k (6.3% of expenses). Other salaries and wages came to $160k. At year end it held assets of $99k against liabilities of $0, net assets of $99k. It reported 14 employees.