Santa Monica United Football Club Inc

Analysis

Santa Monica United Football Club Inc is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Santa Monica United Football Club Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+8.4%), an average of +2.0% a year. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Monica United Football Club Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include US Poultry & Egg Harold E Ford Foundation Inc ($1.4m), The Society of Gilbert Keith Chesterton ($1.4m) and Studio-180 ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $147k (10% of expenses). At year end it held assets of $1.5m against liabilities of $1.2m, net assets of $324k.