Audax Soccer Club

Analysis

Audax Soccer Club is a registered charity in United States, based in Gilroy, CA. It received its IRS tax-exemption ruling in October 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, Audax Soccer Club reported income of $216k and spending of $184k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $216k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Audax Soccer Club sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Oak Grove Athletic Association Inc ($216k), Little League Baseball Inc ($216k) and Friends of Third Place Commons ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $216, net assets of $48k.