Jackson Futbol Club Inc

Analysis

Jackson Futbol Club Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in May 1982, 44 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 May 2023, Jackson Futbol Club Inc reported income of $693k and spending of $725k, spending 105% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $567k to $693k (+22%), an average of +5.1% a year. The sharpest change came in the year to May 2021, when income rose by 48%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jackson Futbol Club Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within MS. Charities of a similar size with the same main cause include Bogus Basin Sport Education Foundation Inc ($693k), Wichita Falls Bicycling Club Inc ($693k) and Cycle Kids Inc ($692k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 50% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $97k (13% of expenses). At year end it held assets of $650k against liabilities of $3,464, net assets of $647k. It reported 4 employees.