Phoenix Futbol Club Inc

Analysis

Phoenix Futbol Club Inc is a registered charity in United States, based in Papillion, NE. It received its IRS tax-exemption ruling in May 1995, 31 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 2024, Phoenix Futbol Club Inc reported income of $204k and spending of $200k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $90k to $204k (+126%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 101%. 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, Phoenix Futbol Club Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within NE. Charities of a similar size with the same main cause include TMM Ministries Inc ($204k), California Academic Decathlon Association ($204k) and Tommy McNamara Charitable Foundation Inc ($204k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,600 (4.8% of expenses). Other salaries and wages came to $64k. At year end it held assets of $93k against liabilities of $29k, net assets of $65k.