Jacksonville FC

Analysis

Jacksonville FC is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 1991, 35 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 June 2023, Jacksonville FC reported income of $3.5m and spending of $3.3m, spending 96% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.6m to $3.5m (+31%), an average of +9.5% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jacksonville FC sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Athletic Edge ($3.5m), Washington Premier Football Club ($3.5m) and Orange County Football Academy Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Other salaries and wages came to $922k. At year end it held assets of $2.4m against liabilities of $1.4m, net assets of $1.0m. It reported 31 employees.