Mill Valley Soccer Club Inc

Analysis

Mill Valley Soccer Club Inc is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in December 1978, 48 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 March 2024, Mill Valley Soccer Club Inc reported income of $1.7m and spending of $1.6m, spending 93% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $1.0m to $1.7m (+62%), an average of +10% a year. The sharpest change came in the year to March 2020, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mill Valley Soccer Club Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Capitol Hill Arts Workshop ($1.7m), Wood Library Association ($1.7m) and Cascadia Research Collective ($1.7m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $390k (25% of expenses). Other salaries and wages came to $503k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 25 employees.