Scarborough Football Club Inc

Analysis

Scarborough Football Club Inc is a registered charity in United States, based in Scarborough, ME. It received its IRS tax-exemption ruling in December 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 February 2024, Scarborough Football Club Inc reported income of $78k and spending of $92k, spending 118% of what it took in. Across the 2 years on record, from February 2023 to February 2024, income grew from $59k to $78k (+32%), an average of +32% a year. The sharpest change came in the year to February 2024, when income rose by 32%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Scarborough Football Club Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 23rd percentile within ME. Charities of a similar size with the same main cause include Suncoast Waterworks Inc ($78k), Paulding County High School Dugout Club Inc ($78k) and Mastic Sports Club ($78k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.