NHB Futbol Club Inc

Analysis

NHB Futbol Club Inc is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in January 2000, 26 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, NHB Futbol Club Inc reported income of $477k and spending of $558k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $663k to $477k (-28%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 299%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, NHB Futbol Club Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Hamel Athletic Club ($476k), North Coast Aquatic Team ($477k) and Camp Casco Inc ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $45k (8.1% of expenses). Other salaries and wages came to $208k. At year end it held assets of $498k against liabilities of $1,994, net assets of $496k. It reported 3 employees.