Intrepid Soccer

Analysis

Intrepid Soccer is a registered charity in United States, based in Murphy, TX. It received its IRS tax-exemption ruling in March 2023, 3 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, Intrepid Soccer reported income of $65k and spending of $71k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $65k (+77%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Intrepid Soccer sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Rasdak Inc ($65k), Friends of Long Beach Hockey ($65k) and Central Buckeye Conference Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 16% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.