Firebirds Soccer Club

Analysis

Firebirds Soccer Club is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2023, Firebirds Soccer Club reported income of $801k and spending of $735k, spending 92% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $423k to $801k (+89%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Firebirds Soccer Club sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include Atlanta Tip Off Club Inc ($801k), All American Youth Football & Drill Team Inc ($801k) and Azzurri Storm Soccer Club Inc ($801k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. At year end it held assets of $346k against liabilities of $0, net assets of $346k.