West Virginia Futbol Club Inc

Analysis

West Virginia Futbol Club Inc is a registered charity in United States, based in Hurricane, WV. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, West Virginia Futbol Club Inc reported income of $624k and spending of $506k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $278k to $624k (+124%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 84%. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, West Virginia Futbol Club Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within WV. Charities of a similar size with the same main cause include Ignite Hoops ($624k), Midland Amateur Hockey League Inc ($624k) and Southeast Soccer Club Corp ($624k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $278k against liabilities of $721, net assets of $278k.