Futbol Foundation of Santa Clarita

Analysis

Futbol Foundation of Santa Clarita is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in July 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 December 2023, Futbol Foundation of Santa Clarita reported income of $115k and spending of $107k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $406k to $115k (-72%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Futbol Foundation of Santa Clarita sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Clarksville Dixie Youth Inc ($115k), Knock on Wood Tap Studio Inc ($115k) and Granite Bay Rugby ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $110k against liabilities of $8,384, net assets of $101k.