Coastal Futbol Alliance Inc

Analysis

Coastal Futbol Alliance Inc is a registered charity in United States, based in Murrells Inlt, SC. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 May 2024, Coastal Futbol Alliance Inc reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $651k to $1.6m (+139%), an average of +24% a year. The sharpest change came in the year to May 2021, when income rose by 79%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Coastal Futbol Alliance Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within SC. Charities of a similar size with the same main cause include Youth Rise Texas Inc ($1.6m), Congressional Sports for Charity ($1.6m) and Boys and Girls Club of LA Platacounty Inc ($1.6m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.2% and program service revenue 81% of the total. Other salaries and wages came to $286k. At year end it held assets of $802k against liabilities of $0, net assets of $802k. It reported 4 employees.