Colorado Ignite Soccer Club

Analysis

Colorado Ignite Soccer Club is a registered charity in United States, based in Erie, CO. It received its IRS tax-exemption ruling in January 2021, 5 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Colorado Ignite Soccer Club reported income of $616k and spending of $610k, spending 99% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $350k to $616k (+76%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Colorado Ignite Soccer Club sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Westhills Baseball Inc ($616k), Rose Tree Soccer Club Inc ($616k) and Cougar Athletic Club Inc ($615k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $287k. At year end it held assets of $219k against liabilities of $0, net assets of $219k. It reported 6 employees.