Triboro United Soccer Club Inc

Analysis

Triboro United Soccer Club Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in June 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, Triboro United Soccer Club Inc reported income of $730k and spending of $672k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $374k to $730k (+95%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Triboro United Soccer Club Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Adaptive Sports Program of Ohio ($730k), Campout for Kids ($730k) and WGNF Inc ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $304k. At year end it held assets of $138k against liabilities of $11k, net assets of $127k. It reported 8 employees.