Georgia Futbol Club Inc

Analysis

Georgia Futbol Club Inc is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in February 1983, 43 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 June 2023, Georgia Futbol Club Inc reported income of $583k and spending of $500k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $273k to $583k (+113%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Georgia Futbol Club Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Life Skills Fore the Youth of Colorado Springs ($583k), Champlain Area Trails Inc ($583k) and Lake Zurich Baseball & Softball Assoc Inc ($583k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $69k (14% of expenses). At year end it held assets of $305k against liabilities of $16k, net assets of $289k.