Sports Klubben Fram Soccer Inc

Analysis

Sports Klubben Fram Soccer Inc is a registered charity in United States, based in Manhattan BCH, CA. It received its IRS tax-exemption ruling in February 1996, 30 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 May 2024, Sports Klubben Fram Soccer Inc reported income of $114k and spending of $97k, spending 85% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $82k to $114k (+40%), an average of +40% a year. The sharpest change came in the year to May 2024, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sports Klubben Fram Soccer Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Carving the Future ($114k), Golfology Fore Cardiology Inc ($114k) and Group of 100 Inc ($114k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.