Immokalee Soccer Pit Cobras Inc

Analysis

Immokalee Soccer Pit Cobras Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in September 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Immokalee Soccer Pit Cobras Inc reported income of $88k and spending of $81k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $88k (-10%), an average of -10% a year. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Immokalee Soccer Pit Cobras Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Laguna Seca Raceway Fund ($88k), Becker-Big Lake Ice Association ($88k) and Framingham Youth Basketball Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $47k against liabilities of $27k, net assets of $20k.