Weston FC Inc

Analysis

Weston FC Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in March 2000, 26 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, Weston FC Inc reported income of $3.4m and spending of $3.9m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.8m to $3.4m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Weston FC Inc 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 Mid-America Intercollegiate Athletics Association ($3.4m), Eastside Football Club ($3.4m) and Coyotes Amateur Hockey Association ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $772k, net assets of $473k.