Zia Soccer Club Inc

Analysis

Zia Soccer Club Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in March 1996, 30 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 June 2023, Zia Soccer Club Inc reported income of $349k and spending of $371k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $318k to $349k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to June 2022, when income rose by 59%. 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, Zia Soccer Club Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NM. Charities of a similar size with the same main cause include Flagstaff Snow Sharks Inc ($349k), Every Kid Swims Inc ($349k) and Nor East Clippers Baseball Corp ($349k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $53k (14% of expenses). Other salaries and wages came to $110k. At year end it held assets of $167k against liabilities of $131k, net assets of $36k. It reported 4 employees.