Foothill Storm Soccer Club

Analysis

Foothill Storm Soccer Club is a registered charity in United States, based in Palm Desert, CA. It received its IRS tax-exemption ruling in January 1999, 27 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foothill Storm Soccer Club reported income of $64k and spending of $55k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $64k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. 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, Foothill Storm Soccer Club sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include National Archery Assn Foundation Inc ($64k), Orange Empire Athletic Conference ($64k) and Fightin Indians Girls Lacrosse Boosters Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.1% of the total. At year end it held assets of $113k against liabilities of $5,141, net assets of $108k.