Evolution Futbol Club Inc

Analysis

Evolution Futbol Club Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in December 2007, 19 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 July 2023, Evolution Futbol Club Inc reported income of $827k and spending of $805k, spending 97% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $383k to $827k (+116%), an average of +21% a year. The sharpest change came in the year to July 2020, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Evolution Futbol Club Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KS. Charities of a similar size with the same main cause include Coos & Essex Agricultural Society ($827k), Utah Pga Junior Golf Foundation ($827k) and South Anchorage Hockey Association ($827k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Other salaries and wages came to $28k. At year end it held assets of $641k against liabilities of $447k, net assets of $194k.