F C Blades

Analysis

F C Blades is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in December 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 April 2023, F C Blades reported income of $434k and spending of $1.1m, spending 261% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $5.5m to $434k (-92%), an average of -57% a year. The sharpest change came in the year to April 2023, when income dropped by 89%. Over the whole period it spent 118% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, F C Blades sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Downtown Manhattan Soccer League Inc ($434k), East Springfield Community Center Commission Inc ($434k) and Bedford Riding Lanes Association Inc ($434k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $131k. At year end it held assets of $336k against liabilities of $239k, net assets of $97k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.