Irvine Soccer Club

Analysis

Irvine Soccer Club is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in October 1997, 29 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 April 2024, Irvine Soccer Club reported income of $1.9m and spending of $1.6m, spending 84% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $1.4m to $1.9m (+37%), an average of +8.1% a year. The sharpest change came in the year to April 2022, when income rose by 67%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Irvine Soccer Club sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Rising Stars Inc ($1.9m), Hartford Independent Agricultural Society ($1.9m) and Play Safe ($1.9m).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $125k (7.9% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 1 employees.