Arsenal Alliance Soccer Club

Analysis

Arsenal Alliance Soccer Club is a registered charity in United States, based in South Jordan, UT. It received its IRS tax-exemption ruling in May 1999, 27 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 May 2024, Arsenal Alliance Soccer Club reported income of $2.5m and spending of $2.4m, spending 97% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.9m to $2.5m (+33%), an average of +7.3% a year. The sharpest change came in the year to May 2022, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arsenal Alliance Soccer Club sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Kent County Regional Sports Complex Corp ($2.5m), Elizabeth Park Conservancy Inc ($2.5m) and Minnesota Thunder Academy ($2.5m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.6m against liabilities of $2.1m, net assets of $414k.