Imperial Soccer Club

Analysis

Imperial Soccer Club is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Imperial Soccer Club reported income of $1.8m and spending of $1.8m, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $944k to $1.8m (+93%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Imperial 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 88th percentile within TX. Charities of a similar size with the same main cause include Watford City Community Builders ($1.8m), Nebraska State Soccer Association Inc ($1.8m) and Marin Rowing Association ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $265k (15% of expenses). Other salaries and wages came to $298k. At year end it held assets of $374k against liabilities of $0, net assets of $374k. It reported 9 employees.