San Dieguito Surf Soccer Club

Analysis

San Dieguito Surf Soccer Club is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in September 1992, 34 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 2022, San Dieguito Surf Soccer Club reported income of $4.9m and spending of $4.5m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $3.0m to $4.9m (+65%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 39%. 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, San Dieguito Surf Soccer Club sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Inland Congregation United for Change Sponsoring Committee Inc ($4.9m), Wernle Youth & Family Treatment Center Inc ($4.9m) and Boys & Girls Club of San Marcos ($4.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 11% and program service revenue 91% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $10k against liabilities of $605k, net assets of -$595k. It reported 61 employees.