Tualatin Hills United Soccer Club

Analysis

Tualatin Hills United Soccer Club is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2003, 23 years ago. 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, Tualatin Hills United Soccer Club reported income of $2.1m and spending of $1.7m, spending 82% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $2.1m (+88%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tualatin Hills United Soccer Club sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OR. Charities of a similar size with the same main cause include American Promise Education Fund Inc ($2.1m), Tasks Unlimited Inc ($2.1m) and Waypoint Montessori ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $468k (28% of expenses). Other salaries and wages came to $621k. It paid $46k in professional fundraising fees. At year end it held assets of $887k against liabilities of $42k, net assets of $845k. It reported 70 employees.