Sequoia FC Inc

Analysis

Sequoia FC Inc is a registered charity in United States, based in Eureka, 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, Sequoia FC Inc reported income of $170k and spending of $140k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $170k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sequoia FC Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Minturn Fitness Center ($170k), Red Line Parkway Initiative ($171k) and Norwin Community Athletic Association ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.