Park City Soccer Club Inc

Analysis

Park City Soccer Club Inc is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in August 2010, 16 years ago. 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 2024, Park City Soccer Club Inc reported income of $1.0m and spending of $989k, spending 95% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $771k to $1.0m (+35%), an average of +6.2% a year. The sharpest change came in the year to May 2022, when income rose by 65%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Park City Soccer Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within UT. Charities of a similar size with the same main cause include Thrifting 4 Gifting ($1.0m), Habitat for Humanity International Inc ($1.0m) and Lourdes Camp Inc ($1.0m).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $66k. At year end it held assets of $350k against liabilities of $64k, net assets of $286k. It reported 3 employees.