South Tahoe Futbol Club Inc

Analysis

South Tahoe Futbol Club Inc is a registered charity in United States, based in S Lake Tahoe, CA. It received its IRS tax-exemption ruling in April 2015, 11 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, South Tahoe Futbol Club Inc reported income of $412k and spending of $367k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $243k to $412k (+70%), an average of +70% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Tahoe Futbol 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 Howland Tiger Booster Club Inc ($412k), Red River Athletic Conference Inc ($412k) and Kings Ice Hockey Club ($412k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.