Cda Futbol Club

Analysis

Cda Futbol Club is a registered charity in United States, based in Cerritos, CA. It received its IRS tax-exemption ruling in May 2016, 10 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 December 2023, Cda Futbol Club reported income of $2.7m and spending of $2.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.7m (+59%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Cda Futbol Club sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Williamson County Select Volleyball Club ($2.7m), Gateway Arch Park Foundation ($2.7m) and National Horse Show Association of America Ltd ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $127k (4.9% of expenses). At year end it held assets of $853k against liabilities of $0, net assets of $853k.