Futbol Club of Tampa Inc

Analysis

Futbol Club of Tampa Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in July 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 2022, Futbol Club of Tampa Inc reported income of $81k and spending of $74k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $93k to $81k (-13%), an average of -4.6% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Futbol Club of Tampa Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Englewood Sailing Association Inc ($81k), Kimberly Baseball Organization Inc ($81k) and Spring Cypress Swim Team ($81k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $8,307 against liabilities of $0, net assets of $8,307.