United Sports Soccer Club

Analysis

United Sports Soccer Club is a registered charity in United States, based in Sammamish, WA. 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, United Sports Soccer Club reported income of $253k and spending of $238k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $253k (+141%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, United Sports Soccer Club sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Cal Baseball Foundation ($253k), Owen County Fair Association Incorporated ($253k) and Greater Loch Raven Recreation ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $133k (56% of expenses). At year end it held assets of $77k against liabilities of $22k, net assets of $55k.