JBLT Soccer Inc

Analysis

JBLT Soccer Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in July 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, JBLT Soccer Inc reported income of $395k and spending of $337k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $275k to $395k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 69% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, JBLT Soccer Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Pop Warner Little Scholars Inc ($395k), GTC Booster Club ($395k) and Philadelphia Boys Gymnastics ($395k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $68k. At year end it held assets of $214k against liabilities of $5,588, net assets of $208k. It reported 2 employees.