FC Pride Inc

Analysis

FC Pride Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1995, 31 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 May 2023, FC Pride Inc reported income of $2.0m and spending of $2.0m, spending 103% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $1.7m to $2.0m (+16%), an average of +3.8% a year. The sharpest change came in the year to May 2021, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, FC Pride Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IN. Charities of a similar size with the same main cause include Angels and Causes Inc ($2.0m), Fairbanks Junior Ice Dogs Inc ($2.0m) and Kostopulos Dream Foundation Camp Kostopulos ($2.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.2% and program service revenue 95% of the total. Other salaries and wages came to $803k. At year end it held assets of $2.5m against liabilities of $1.8m, net assets of $679k. It reported 15 employees.