Laramie Soccer Club Inc

Analysis

Laramie Soccer Club Inc is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in March 1994, 32 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, Laramie Soccer Club Inc reported income of $313k and spending of $218k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $313k (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Laramie Soccer Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WY. Charities of a similar size with the same main cause include Greater Haverhill Pentucket Youth Hockey Association Inc ($313k), Team Thrill Youth Sports Organization Inc ($313k) and North Vermilion Youth Athletic Association ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 66% of the total. Other salaries and wages came to $39k. At year end it held assets of $439k against liabilities of $1,225, net assets of $438k. It reported 1 employees.