Michigan Hawks Soccer Club
Analysis
Michigan Hawks Soccer Club is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in July 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 May 2022, Michigan Hawks Soccer Club reported income of $1.9m and spending of $1.6m, spending 85% of its income. Across the 2 years on record, from May 2021 to May 2022, income grew from $1.7m to $1.9m (+12%), an average of +12% a year. Over the whole period it spent 78% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Michigan Hawks Soccer Club sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Blaine Youth Hockey Association ($1.9m), The Village Green of Cashiers Inc ($1.9m) and Dakota Alliance Soccer Club ($1.9m).
On its Form 990 for the period ending May 2022, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $272k (17% of expenses). Other salaries and wages came to $398k. At year end it held assets of $863k against liabilities of $0, net assets of $863k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.8%
- Program services 99%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Blaine Youth Hockey Association | Blaine | $1.9m |
| The Village Green of Cashiers Inc | Cashiers | $1.9m |
| Dakota Alliance Soccer Club | Sioux Falls | $1.9m |
| First Tee Greater Charleston | Mt Pleasant | $1.9m |