Beach United Football Club

Analysis

Beach United Football Club is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Beach United Football Club reported income of $446k and spending of $439k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $446k (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 103% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Beach United Football Club sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within SC. Charities of a similar size with the same main cause include Tulare Co Deputy Sheriffs Benevolent Assn ($446k), Healing Word Counseling Center ($447k) and Future Farmers of America and Its West Virginia State Ffa Associatio ($446k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $66k. At year end it held assets of $62k against liabilities of $62k, net assets of -$187. It reported 1 employees.