Chicagoland United Soccer Club NFP

Analysis

Chicagoland United Soccer Club NFP is a registered charity in United States, based in Bourbonnais, IL. It received its IRS tax-exemption ruling in June 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, Chicagoland United Soccer Club NFP reported income of $863k and spending of $904k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $544k to $863k (+59%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chicagoland United Soccer Club NFP sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Georgia Amateur Wrestling Association Inc ($863k), Aim High Academy Inc ($863k) and Brooklyn Youth Sports Club Inc ($863k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $222k (25% of expenses). At year end it held assets of $24k against liabilities of $0, net assets of $24k. It reported 3 employees.