Team Fort Lauderdale

Analysis

Team Fort Lauderdale is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in June 1976, 50 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 December 2023, Team Fort Lauderdale reported income of $54k and spending of $55k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $54k (+9.3%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Team Fort Lauderdale sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include U 4 Guys a New Jersey Non Profit Corporation ($54k), American Youth Football Inc ($54k) and Eastern Dakota Class a Conference ($54k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.