Bainbridge Island Youth Soccer Club

Analysis

Bainbridge Island Youth Soccer Club is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in March 1996, 30 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 December 2023, Bainbridge Island Youth Soccer Club reported income of $2.8m and spending of $2.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $631k to $2.8m (+343%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 301%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bainbridge Island Youth Soccer Club sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WA. Charities of a similar size with the same main cause include Hemisfair Conservancy ($2.8m), Washington State Youth Soccer Association ($2.8m) and Usta Hawaii Pacific Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $423k (16% of expenses). Other salaries and wages came to $41k. At year end it held assets of $886k against liabilities of $10k, net assets of $876k. It reported 26 employees.