Albany Berkeley Soccer Club

Analysis

Albany Berkeley Soccer Club is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in May 1979, 47 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, Albany Berkeley Soccer Club reported income of $1.6m and spending of $1.2m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Albany Berkeley Soccer Club sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Klamath & Lake Counties Council on Aging ($1.6m), Elluminate Inc ($1.6m) and Utah Independent Living Center Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $569k. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 63 employees.