Futbul Club of Kentucky Inc

Analysis

Futbul Club of Kentucky Inc is a registered charity in United States, based in Winchester, KY. It received its IRS tax-exemption ruling in March 2005, 21 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 December 2023, Futbul Club of Kentucky Inc reported income of $105k and spending of $103k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $164k to $105k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Futbul Club of Kentucky Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within KY. Charities of a similar size with the same main cause include Melrose Park Sports & Family Benefit Fund ($105k), North Haven Youth Basketball Inc ($105k) and Elko Baseball Club Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.