Mississippi Futbol Club

Analysis

Mississippi Futbol Club is a registered charity in United States, based in Madison, MS. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mississippi Futbol Club reported income of $949k and spending of $1.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $935k to $949k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mississippi Futbol Club sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within MS. Charities of a similar size with the same main cause include Carolina One Volleyball ($948k), Acpr Gymnastics Inc ($949k) and W G Warriors Inc ($948k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $150k (14% of expenses). Other salaries and wages came to $124k. At year end it held assets of $379k against liabilities of $0, net assets of $379k. It reported 6 employees.