Dynamo FC Soccer Teams of

Analysis

Dynamo FC Soccer Teams of is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1982, 44 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 June 2023, Dynamo FC Soccer Teams of reported income of $1.1m and spending of $1.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $635k to $1.1m (+73%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Dynamo FC Soccer Teams of sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Harmony Fire District ($1.1m), Partners of Parks ($1.1m) and Pegasus Water Polo Academy ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $88k (8.7% of expenses). Other salaries and wages came to $39k. At year end it held assets of $202k against liabilities of $160k, net assets of $42k. It reported 4 employees.