Lewistown Soccer Club

Analysis

Lewistown Soccer Club is a registered charity in United States, based in Lewistown, MT. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lewistown Soccer Club reported income of $71k and spending of $55k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $309k to $71k (-77%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 68%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lewistown Soccer Club sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 24th percentile within MT. Charities of a similar size with the same main cause include Locos Express ($71k), Yesha Ministries Inc ($71k) and Dallas Mountaineer Aquatic Club ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. At year end it held assets of $243k against liabilities of $0, net assets of $243k.