Sting Premier Soccer Club Inc

Analysis

Sting Premier Soccer Club Inc is a registered charity in United States, based in Hayden, ID. It received its IRS tax-exemption ruling in May 1985, 41 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 June 2024, Sting Premier Soccer Club Inc reported income of $899k and spending of $885k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $599k to $899k (+50%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sting Premier Soccer Club Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within ID. Charities of a similar size with the same main cause include Olivia Ambulance Service Inc ($899k), Los Alamos Historical Society ($900k) and Rochester Figure Skating Club Incorporated ($899k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1,583 (0.2% of expenses). Other salaries and wages came to $299k. At year end it held assets of $2.0m against liabilities of $1.4m, net assets of $564k. It reported 5 employees.