Cypress Futbol Club

Analysis

Cypress Futbol Club is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in September 2001, 25 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, Cypress Futbol Club reported income of $841k and spending of $880k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $333k to $841k (+153%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cypress Futbol Club sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Janesville Youth Baseball & Softball Association Inc ($841k), Grand Junction Soccer Club ($842k) and The 100 Mile Club Inc ($840k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 96% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.