LA Roca Futbol Club

Analysis

LA Roca Futbol Club is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in December 2014, 12 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 May 2023, LA Roca Futbol Club reported income of $3.3m and spending of $3.5m, spending 107% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.3m to $3.3m (+42%), an average of +9.1% a year. The sharpest change came in the year to May 2020, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, LA Roca Futbol Club sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within UT. Charities of a similar size with the same main cause include Wake Futbol Club Inc ($3.3m), Alabama Sports Council Inc ($3.3m) and Minot Park Foundation ($3.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $124k (3.5% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $88k against liabilities of $273k, net assets of -$185k. It reported 125 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.