Soda City FC

Analysis

Soda City FC is a registered charity in United States, based in Irmo, SC. It received its IRS tax-exemption ruling in August 2018, 8 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soda City FC reported income of $80k and spending of $72k, spending 89% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $68k to $80k (+19%), an average of +8.9% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Soda City FC sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 37th percentile within SC. Charities of a similar size with the same main cause include Yellow Jacket Booster Club ($80k), Jefferson Swim League Inc ($80k) and Clay Busters of Arizona Inc ($80k).

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 $14k against liabilities of $0, net assets of $14k.