Congaree Rapid FC

Analysis

Congaree Rapid FC is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in May 1994, 32 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 June 2023, Congaree Rapid FC reported income of $252k and spending of $232k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $227k to $252k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 109%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Congaree Rapid FC sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within SC. Charities of a similar size with the same main cause include Ohio Solid Organ Transplantation ($252k), Moraga Baseball Asso 3960 Campolindo Dr ($252k) and Cape Regional Medical Center Auxiliary Inc ($252k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $33k (14% of expenses). At year end it held assets of $146k against liabilities of $0, net assets of $146k.