Piedmont Triad Football Club

Analysis

Piedmont Triad Football Club is a registered charity in United States, based in Kernersville, NC. It received its IRS tax-exemption ruling in September 2017, 9 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, Piedmont Triad Football Club reported income of $1.4m and spending of $1.2m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $772k to $1.4m (+86%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 43%. 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, Piedmont Triad Football Club sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Train Collectors Association ($1.4m), Icc Americas ($1.4m) and Hawaiian Island Twisters ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $306k. At year end it held assets of $1.2m against liabilities of $442k, net assets of $738k. It reported 8 employees.