Sherwood Youth Soccer Club

Analysis

Sherwood Youth Soccer Club is a registered charity in United States, based in Sherwood, OR. It received its IRS tax-exemption ruling in September 2000, 26 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 February 2024, Sherwood Youth Soccer Club reported income of $140k and spending of $147k, spending 105% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $181k to $140k (-23%), an average of -23% a year. The sharpest change came in the year to February 2024, when income dropped by 23%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sherwood Youth Soccer Club sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within OR. Charities of a similar size with the same main cause include Wolfpack Elite Inc ($140k), O P L L F Inc ($140k) and Clarkston Youth Baseball Organization ($140k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.