Scotts Valley San Lorenzo Valley Soccer Club Inc

Analysis

Scotts Valley San Lorenzo Valley Soccer Club Inc is a registered charity in United States, based in Scotts Valley, CA. It received its IRS tax-exemption ruling in January 2023, 3 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, Scotts Valley San Lorenzo Valley Soccer Club Inc reported income of $520k and spending of $513k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $415k to $520k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. 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, Scotts Valley San Lorenzo Valley Soccer Club Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include International Chess School Inc ($520k), West Chester Lacrosse Association ($520k) and Apex Friendship Patriots Athletic Club Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $38k (7.5% of expenses). Other salaries and wages came to $130k. At year end it held assets of $269k against liabilities of $0, net assets of $269k. It reported 60 employees.