Impact United Soccer Club

Analysis

Impact United Soccer Club is a registered charity in United States, based in Garland, UT. It received its IRS tax-exemption ruling in October 2012, 14 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 2023, Impact United Soccer Club reported income of $1.9m and spending of $2.1m, spending 110% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.4m to $1.9m (+35%), an average of +7.9% a year. The sharpest change came in the year to May 2023, when income rose by 70%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Impact United 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 83rd percentile within UT. Charities of a similar size with the same main cause include Greater Gig Harbor Foundation ($1.9m), Club One Az ($1.9m) and Kentucky Horse Park Foundation Inc ($1.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $314k against liabilities of $42k, net assets of $272k.