FC Sol Soccer Club Inc

Analysis

FC Sol Soccer Club Inc is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in June 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 March 2023, FC Sol Soccer Club Inc reported income of $411k and spending of $484k, spending 118% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $171k to $411k (+140%), an average of +24% a year. The sharpest change came in the year to March 2020, when income rose by 112%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, FC Sol Soccer Club Inc 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 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include USA Swimming Inc ($411k), Rocklin Girls Fast Pitch Softball ($411k) and Fort Smith Juniors Volleyball Club ($411k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $475k against liabilities of $429k, net assets of $46k.