Auburn Thunder Soccer Club

Analysis

Auburn Thunder Soccer Club is a registered charity in United States, based in Auburn, AL. It received its IRS tax-exemption ruling in June 2020, 6 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 April 2024, Auburn Thunder Soccer Club reported income of $472k and spending of $485k, spending 103% of its income. Across the 4 years on record, from April 2021 to April 2024, income grew from $357k to $472k (+32%), an average of +9.8% a year. The sharpest change came in the year to April 2024, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Auburn Thunder Soccer Club sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Olentangy Swim Association Inc ($472k), North Carolina Rush Triad Soccer Club Inc ($472k) and International 500 Project Inc ($472k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 6.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $57k (12% of expenses). At year end it held assets of $106k against liabilities of $0, net assets of $106k.