Rapids Futbol Club Inc

Analysis

Rapids Futbol Club Inc is a registered charity in United States, based in Clarkesville, GA. It received its IRS tax-exemption ruling in October 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, Rapids Futbol Club Inc reported income of $189k and spending of $180k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $256k to $189k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Rapids Futbol Club Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Markle Fish and Game Club Park Inc ($189k), National Collegiate Acrobatics and Tumbling Association ($189k) and Wonder Girls USA Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.