Ignite Soccer Club

Analysis

Ignite Soccer Club is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in August 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, Ignite Soccer Club reported income of $127k and spending of $120k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $127k (+61%), an average of +61% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ignite Soccer Club sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within SD. Charities of a similar size with the same main cause include Colorado Miners Inc ($127k), Sorrento Babe Ruth League Inc ($127k) and Solano Mustangs Pop Warner Football & Cheer Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.0% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.