Rhode Island Strikers FC

Analysis

Rhode Island Strikers FC is a registered charity in United States, based in Greenville, RI. It received its IRS tax-exemption ruling in October 2015, 11 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 June 2024, Rhode Island Strikers FC reported income of $368k and spending of $328k, spending 89% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $350k to $368k (+5.0%), an average of +2.5% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Rhode Island Strikers FC sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within RI. Charities of a similar size with the same main cause include Palmisano Foundation Inc ($368k), First Draft Academy Inc ($368k) and Endless Outdoors Inc ($368k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. At year end it held assets of $127k against liabilities of $0, net assets of $127k.