North Tacoma Soccer Club

Analysis

North Tacoma Soccer Club is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, North Tacoma Soccer Club reported income of $644k and spending of $554k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $380k to $644k (+69%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Tacoma Soccer Club sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Madison Ave-Crossroads Community Ministries Inc ($644k), Collegedale Tomorrow Foundation Inc ($644k) and Youth Design Center Inc ($643k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $248k against liabilities of $0, net assets of $248k.