Georgetown Football Club Inc

Analysis

Georgetown Football Club Inc is a registered charity in United States, based in Georgetown, KY. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Georgetown Football Club Inc reported income of $499k and spending of $444k, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $275k to $499k (+82%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Georgetown Football Club Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include WC Renegades Inc ($499k), Deptford Premier ($499k) and Mansfield Legacy HS Booster Club ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.