Hope Soccer Ministries

Analysis

Hope Soccer Ministries is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 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, Hope Soccer Ministries reported income of $96k and spending of $68k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $96k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 72% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hope Soccer Ministries sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Council on American-Islamic Relations-St Louis Inc ($96k), Aberdeen Matawan Soccer Club Inc ($96k) and San Mateo High School Athletic Boosters ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.