Madison Futbol Club Inc

Analysis

Madison Futbol Club Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 2016, 10 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madison Futbol Club Inc reported income of $304k and spending of $241k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $304k (+1.4%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 73% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Madison Futbol Club Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within AZ. Charities of a similar size with the same main cause include Pony Express Baseball Inc ($304k), Arkansas Elite Barrel Racing Inc ($305k) and Elmhurst Football & Cheerleading NFP ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 93% of the total. At year end it held assets of $643k against liabilities of $0, net assets of $643k.