Triumph Futbol Club Inc
Analysis
Triumph Futbol Club Inc is a registered charity in United States, based in Aubrey, TX. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Triumph Futbol Club Inc reported income of $240k and spending of $304k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $240k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 104% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Triumph Futbol Club Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Barrington Childrens Charities ($240k), Yeshivas Talmideini Inc ($240k) and Child Evangelism Fellowship Inc ($240k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $39k (13% of expenses). Other salaries and wages came to $139k. At year end it held assets of $22k against liabilities of -$2,148, net assets of $24k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Barrington Childrens Charities | Barrington | $240k |
| Yeshivas Talmideini Inc | Brooklyn | $240k |
| Child Evangelism Fellowship Inc | Hesston | $240k |
| Caring for Kids | Fircrest | $240k |