Cullman United Soccer Club

Analysis

Cullman United Soccer Club is a registered charity in United States, based in Cullman, AL. It received its IRS tax-exemption ruling in October 2019, 7 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, Cullman United Soccer Club reported income of $263k and spending of $217k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $263k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cullman United Soccer Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within AL. Charities of a similar size with the same main cause include Recreation Encourages Community Inc ($263k), Del Oro Jr Golden Eagles Football & Cheerleading ($263k) and Michigan Youth Soccer League ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $45k (21% of expenses). Other salaries and wages came to $57k. At year end it held assets of $105k against liabilities of $0, net assets of $105k.