The Citadel Football Association Inc

Analysis

The Citadel Football Association Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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, The Citadel Football Association Inc reported income of $154k and spending of $178k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $154k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Citadel Football Association Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within SC. Charities of a similar size with the same main cause include Little League Baseball Inc ($154k), Minnesota Architectural Foundation ($154k) and Future Farmers of America and Its State Associations & Local Chapter ($154k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $168k against liabilities of $1,530, net assets of $166k. It reported 1 employees.