Union County Elite FC Inc

Analysis

Union County Elite FC Inc is a registered charity in United States, based in Marysville, OH. It received its IRS tax-exemption ruling in July 2002, 24 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, Union County Elite FC Inc reported income of $1.1m and spending of $858k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $395k to $1.1m (+168%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Union County Elite FC Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Pennsylvania RTC ($1.1m), East Coast Volleyball Academy ($1.1m) and Med-Camps of Louisiana Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $16k (1.9% of expenses). Other salaries and wages came to $30k. At year end it held assets of $1.0m against liabilities of $240k, net assets of $773k. It reported 3 employees.