Burlington Area Soccer Club Inc

Analysis

Burlington Area Soccer Club Inc is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in June 2004, 22 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 2024, Burlington Area Soccer Club Inc reported income of $445k and spending of $471k, spending 106% of what it took in. Across the 6 years on record, from July 2019 to May 2024, income grew from $258k to $445k (+73%), an average of +12% a year. The sharpest change came in the year to May 2022, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Burlington Area Soccer Club Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Palmetto Baseball League Inc ($444k), Friends of Westwood Recreational Complex ($445k) and Keystone Trails Association Inc ($444k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 5.3% and program service revenue 92% of the total. At year end it held assets of $200k against liabilities of $0, net assets of $200k.