Hillsboro Soccer Club

Analysis

Hillsboro Soccer Club is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in August 1999, 27 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 April 2023, Hillsboro Soccer Club reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 6 years on record, from October 2018 to April 2023, income grew from $625k to $1.1m (+70%), an average of +11% a year. The sharpest change came in the year to April 2022, when income rose by 234%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hillsboro Soccer Club sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OR. Charities of a similar size with the same main cause include Palisades Parks Conservancy Inc ($1.1m), Great Valley Community Organization ($1.1m) and Usta Midwest Tennis & Education Foundation Inc ($1.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 3.2% and program service revenue 95% of the total. Other salaries and wages came to $504k. At year end it held assets of $149k against liabilities of $11k, net assets of $139k. It reported 32 employees.