Cheyenne Soccer Club

Analysis

Cheyenne Soccer Club is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in February 2013, 13 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 October 2023, Cheyenne Soccer Club reported income of $421k and spending of $453k, spending 107% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $362k to $421k (+16%), an average of +3.9% a year. The sharpest change came in the year to October 2022, when income rose by 36%. Over the whole period it spent 82% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cheyenne Soccer Club 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 69th percentile within WY. Charities of a similar size with the same main cause include Nampa Babe Ruth Inc ($421k), Watson Softball ($421k) and Jackson Soccer Club Inc ($421k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 2.8% and program service revenue 97% of the total. At year end it held assets of $786k against liabilities of $8,118, net assets of $778k.