Inter Woodlands FC

Analysis

Inter Woodlands FC is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in October 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 December 2023, Inter Woodlands FC reported income of $205k and spending of $130k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income fell from $314k to $205k (-35%), an average of -19% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Inter Woodlands FC sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Oc Smash ($205k), Lakeville North Girls Basketball Association ($205k) and Orono Basketball Association ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $38k (29% of expenses). At year end it held assets of $119k against liabilities of $0, net assets of $119k. It reported 1 employees.