Fort Lauderdale Select FC Inc

Analysis

Fort Lauderdale Select FC Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in April 2010, 16 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 July 2023, Fort Lauderdale Select FC Inc reported income of $672k and spending of $550k, spending 82% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $578k to $672k (+16%), an average of +3.8% a year. The sharpest change came in the year to July 2021, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Lauderdale Select FC 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 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Showtime Baseball of TN ($672k), Iowa City Area Sports Commission ($673k) and North Iowa Fair Association ($672k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $75k. At year end it held assets of $686k against liabilities of $13k, net assets of $673k. It reported 1 employees.