Bilu International Soccer Academy

Analysis

Bilu International Soccer Academy is a registered charity in United States, based in Summerville, SC. It received its IRS tax-exemption ruling in March 2022, 4 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, Bilu International Soccer Academy reported income of $105k and spending of $104k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $22k to $105k (+385%), an average of +385% a year. The sharpest change came in the year to December 2023, when income rose by 385%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bilu International Soccer Academy sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Hopkinton Youth Lacrosse Ltd ($105k), Recreation Project ($105k) and North Hills Athletic Association ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. At year end it held assets of $1,002 against liabilities of $0, net assets of $1,002.