Louisiana Fire Soccer Club

Analysis

Louisiana Fire Soccer Club is a registered charity in United States, based in Kenner, LA. It received its IRS tax-exemption ruling in June 1985, 41 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 2024, Louisiana Fire Soccer Club reported income of $2.0m and spending of $1.7m, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.6m to $2.0m (+22%), an average of +5.0% a year. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Louisiana Fire Soccer Club sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within LA. Charities of a similar size with the same main cause include Lamorinda Water Polo Inc ($2.0m), Arizona Soccer Club United Inc ($2.0m) and Sheboygan County Fair Association ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $179k (10% of expenses). Other salaries and wages came to $418k. At year end it held assets of $1.7m against liabilities of $325k, net assets of $1.3m. It reported 10 employees.